Enterprises in Asia Pacific (APAC) are increasing their investments in public cloud storage, according to the 2024 Wasabi Global Cloud Storage Index by Wasabi Technologies. The majority (93%) of APAC organisations expect to increase the amount of data they store in the public cloud in 2024.
“Despite many organisations struggling to control cloud costs due to complex and ubiquitous fee structures, we’re still seeing continued growth and adoption across the APAC region,” said Andrew Smith, senior manager of strategy and market intelligence at Wasabi Technologies and a former IDC analyst.
Cloud-first
The study reveals that countries across the APAC region continue to increase their cloud storage spending and capacity to support new IT initiatives like cloud infrastructure migration and modernisation, and to upgrade data security requirements.
Smith says that 44% of APAC respondents consider their organisation’s IT services adoption strategy to be cloud-first, an indication of continuously prioritising cloud services adoption over any alternative requiring owned or on-premises infrastructure.
The Wasabi Technologies executive is also particular with Japan, having around 94% of respondents projecting an increase in public cloud storage capacity in 2024 despite storage-related data fees. Enterprises in the country admit allotting 50% of their cloud storage bill for data operations, retrieval, transfer, and egress.
