Infographic: Hybrid Cloud Trends in Canada in 2023
What are the trends shaping digital infrastructure strategies in Canada? Discover some of the key findings from CDW Canada’s 2023 Canadian Hybrid Cloud Report in this infographic.
This year, Canadian organizations have had to navigate a series of challenges, with interest rates and inflation continuing to rise, supply chain disruptions, geopolitical turmoil, the ongoing skills shortage and the exponential growth in cybersecurity threats.
Many organizations have had to revise and prioritize their spending plans and focus on initiatives to drive resiliency, efficiency and growth. While this reprioritization has affected IT spending plans, the focus has largely shifted toward consuming software via cloud services and transitioning their data centre footprint toward hybrid cloud environments. Here are some key findings from CDW Canada’s 2023 Canadian Hybrid Cloud Report.
Spending on IT will outpace GDP in 2023…
As of June 2023, IDC expects IT spend in Canada to grow 1.5% year-over-year, while GDP is expected to grow 0.9%
But rising interest rates lead to recession concerns
61% of Canadian organizations expect a moderate recession and their IT budgets will either stay the same, or they will reduce spending
The future is digital
50% of their revenue will come from digital products, services and/or experiences in 5 years, say Canadian CEOs
How Canadian organizations benefit from moving to the cloud
Canadian organizations say moving to public cloud impacts their ability to innovate in the following areas:
Business processes
72%
User and customer experience
69%
New products and services
68%
Sustainability
67%
Operating model
67%
Top benefits of adopting cloud platforms, according to Canadian organizations
Improve security of our data and applications
57%
Faster access to innovative technologies
42%
Improve IT staff productivity
40%
Accelerate use of AI & automation in business
38%
Better control over cloud costs
34%
Rapid application modernization
30%
Quicker time to market for our digital offerings
30%
Achieve a single source of data
26%
Which business outcomes are shaping Canadian digital infrastructure strategy?
Top externally facing business outcomes shaping Canadian digital infrastructure strategy over the next two years
Reduce overall cost of doing business
42%
Support more personalized, omnichannel customer engagement
41%
Respond to specific crisis-driven requirements
37%
Speed new applications to market
35%
Create differentiated digital business offerings
35%
Improve distributor/partner engagement
35%
Reduce friction across supply chains
25%
Source: IDC Canada ITAP N5 2022, August 2022
Top internally facing business outcomes shaping Canadian digital infrastructure strategy over the next two years
Improve internal staff productivity and efficiency, including remote work
47%
Consistent cybersecurity and data protection across all locations and geographies
45%
IT response to unexpected business conditions
40%
Data privacy and regulatory compliance
40%
Maintain mission critical legacy application viability
37%
Reduce time it takes to make IT resources available to the business
31%
Reduce cost of IT as a percent of overall cost of doing business
28%
Source: IDC Canada ITAP N5 2022, August 2022