Hybrid cloud wins are built on privacy

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    According to Dave Russell, Veeam’s vice president of enterprise strategy, this move toward hybrid cloud is happening at an impressive pace across the industry. “In recent years, the pandemic and resulting macroeconomic activity has prompted organizations to reconsider their operational strategy and move more quickly to hybrid cloud,” he says. Market Stats Agree: Mordor Intelligence forecasts that the hybrid cloud market will continue to grow rapidly, with a compound annual growth rate (CAGR) of 21.6% through 2026.

    Organizations are increasingly turning to hybrid cloud for cost savings and the flexibility to innovate and scale. “One of the key benefits of hybrid cloud is minimizing the cost of expanding on-premises infrastructure,” said Kateryna Dubrova, research analyst, IoT networks and services at global technology intelligence firm ABI Research. She adds, “It simplifies the development of workloads in the cloud to enable rapid testing, prototyping and new product launches.”

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