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

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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%).