Macroeconomic uncertainty which began in 2022 crept into 2023, impacting both cloud IT budgets and spending throughout the year. As a result, many organizations reevaluated cloud spending with a renewed focus on long-term cost reduction, operational efficiency, and simplicity. At the same time, organizations continue to drive infrastructure modernization initiatives needed to support digitization, and now the rise of AI. This juxtaposition: the need to better manage cloud IT costs, while simultaneously expanding usage of these same solutions to drive digital modernization, will be a defining challenge for many enterprises throughout 2024.
Join Wasabi cloud experts David Friend, CEO and Co-Founder, and Andrew Smith, Senior Manager of Strategy & Market Intelligence, to gain a better understanding of how these changes affected the cloud storage market in 2023, as well as their predictions on which driving the market in 2024.
What you will learn:
- 2023 in review: a brief summary covering some of the major cloud storage trends which drove the market
- Artificial Intelligence (AI) hype vs reality: what is the realistic impact of emerging AI/ML-based workloads on cloud infrastructure and storage in 2024?
- Cloud democratization: how will growth and expansion of hybrid/multicloud infrastructure environments impact technical requirements and cloud purchase decisions in 2024?
- Digitization and modernization from cloud to the “edge”: how will organizations solve the complex problem of extracting value from their data – no matter where that data sits?
- David Friend, CEO and Co-Founder, Wasabi
- Andrew Smith, Sr. Manager, Strategy and Market Intelligence, Wasabi