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    Seagate’s Jeff Fochtman on Multicloud and Controlling Data Costs

    As multicloud computing grows, the challenges of handling data grow correspondingly.

    By
    James Maguire
    -
    November 1, 2022
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      I spoke with Jeff Fochtman, SVP, Business and Marketing at Seagate, about a new survey that details the growth of multicloud and the challenges of managing data.

      1) As you survey the multicloud market, what trends are driving enterprise use this year?

      2) Let’s talk about the key findings of the report:

      • A majority (82%) of respondents already use 2+ public cloud infrastructure service providers (excluding Software as a Service, or SaaS). This figure is expected to increase to 93% in two years.
      • A great deal of momentum is taking place among those using 4+ cloud infrastructure providers: 30% of respondents today. The Multicloud Maturity survey shows that this number will more than double in two years, rising to 63%.
      • 84% of respondents agree the opportunity exists for their organization to better leverage its existing data to create business value.
      • But 73% report that their organization is hampered by data retention costs, which limits their ability to maximize data value.

      3) Given the report’s findings and your own sense of the market, what do you see as the future of multi-cloud? What will multi-cloud look like in the middle of the decade or so?

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      James Maguire
      James Maguire is eWeek's Editor-in-Chief and has been reporting on emerging technology for more than 15 years. He has won two ASBPE Awards of Excellence for in-depth feature articles about cloud computing and artificial intelligence. He has covered the gamut of enterprise and consumer technology, and regularly communicates with leading IT newsmakers, vendors and analysts.
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