The HashiCorp State of Cloud Strategy Survey reveals that 76% of enterprises currently employ a multi-cloud architecture, with over 9 in 10 planning to adopt this approach within two years. The survey also found that digital transformation is the top reason for choosing multi-cloud, cited by 34% of respondents, followed by portability (25%), scaling (25%), and delivering value to the business (19%). However, costs, security, and lack of in-house skills are major inhibitors to cloud adoption, with lack of skills being a top-three concern. The COVID-19 pandemic has accelerated cloud efforts, particularly for larger organizations, but its impact is nuanced, with only 7% citing it as a driver of multi-cloud adoption. Despite the challenges, over half of respondents believe that multi-cloud is helping them achieve their business goals, and large organizations are more likely to see benefits from this approach.