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All issuesVolume 318, Issue 2IT NewsCloud

Survey Says: 83% Of CIOs Are Embracing Private Cloud

RCRWirelessNews, Monday, September 9th, 2024

Barclays sees private cloud plans up 40% since nearly doubling since H2 2020

Enterprise CIOs surveyed by Barclays are apparently rethinking cloud strategies. In the second half of 2020, 43% of leaders surveyed were planning to bring workloads from the public cloud back on-premises to private cloud infrastructure. That number in the first half of this year jumped to 83%.

During his keynote presentation at the recent VMware Explore event in Las Vegas, Nevada, Broadcom CEO Hock Tan referenced the figure in the context of VMware's private cloud/private AI strategy. And other executives took notice.

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