Entries by Ashu Pande - VP Product and Market Development, The Fabric

2019 Prediction in the Cloud and IoT from The Fabric

As curtains are drawn on 2018 and we look towards 2019, we pause to look at the Multi-Cloud and IOT landscape, our theme with the Fabric 3 fund. Multi cloud is becoming mainstream. With over 80% of today’s businesses using multiple cloud environments, it’s safe to say that multi-cloud has become the new normal. Organizations are using over 4 clouds on an average with private cloud loads (45%) still being higher than public cloud (32%).