SG C-suite execs declare one-vendor approach to cloud dead: IBM

Only 1% of respondents reported using a single private or public cloud in 2021.

IBM's global study on cloud transformation showing a drastic shift in Singapore. Only 1% of C-suite executives surveyed reported using a single private or public cloud in 2021, down from 21% in 2019, establishing hybrid cloud as the dominant IT architecture.

Furthermore, 78% of respondents indicated improving cybersecurity and reducing security risks are amongst their largest business and IT investments. Also, 78% of respondents in Singapore said vendor lock-ins are a significant obstacle to improving business performance in most or all parts of their cloud estate.

"Enterprise cloud adoption has moved on from reducing the cost of data centre operations to putting cloud-native capabilities at the core of innovating how their business works. Our research proves hybrid cloud is the winning architecture. The 'one vendor approach' to the cloud is dead," said IBM ASEAN general manager Martin Chee.

The global study, conducted by IBM Institute for Business Value (IBV) in cooperation with Oxford Economics, surveyed almost 7,200 C-suite executives across 28 industries and 47 countries, including Singapore.