HashiCorp State of Cloud Strategy Survey 2023: The tech sector perspective

The 2023 HashiCorp State of Cloud Strategy Survey reveals that more than 90% of technology firms are seeing business and technological benefits from their multi-cloud approach, with key drivers including reliability, cost reduction, scalability, and security. Despite macroeconomic uncertainty, almost half of technology firms increased their cloud spending in the last 12 months, while nearly three-quarters of respondents say their multi-cloud strategy has already advanced or achieved their company's business goals. The survey also highlights the importance of attracting, motivating, and retaining talent, with platform teams being increasingly adopted as a way to improve efficiency and standardization.

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