An overwhelming 95% of respondents from the education sector intend to increase public cloud storage budgets over the next year, while 92% expect the amount of data their organisation stores in the public cloud to increase over the next year, according to the Wasabi 2024 Global Cloud Storage Index.
“The education sector has some of the most complex, demanding, and mission-critical cloud infrastructure deployments we see among Wasabi’s customer base,” said Andrew Smith, senior strategy and market intelligence manager at Wasabi Technologies and a former IDC analyst. “It’s no wonder that almost half of education respondents in this year’s Global Cloud Storage Index classified their organisation as cloud-first – meaning they prioritise adoption of cloud IT services over alternatives requiring owned or on-premises solution deployment.”
Budget overruns and excess spending
The survey also found that almost half (49%) of cloud storage bills are dedicated to data access and usage fees like API operations and egress fees, causing budget overruns and excessive spending on cloud storage. In 2023, 52% of education sector respondents exceeded their intended cloud storage budget.
Further, almost all (95%) education respondents were “satisfied” with the service of their cloud storage solutions.
AI/ML solutions
The survey also found that all education sector survey respondents intend to adopt or are already implementing AI/ML solutions and services but are having difficulty with data storage across a broader range of locations, managing storage migration requirements, and meeting new storage performance, access, and latency requirements.
