Industry Reports

Filling the Gap: Service Providers' Increasingly Important Role in Multi-Cloud/Multi-Tool Success

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3 CloudBolt Industry Insights Report: Filling the Gap: Service Providers' Increasingly Important Role in Multi-Cloud/Multi-Tool Success These Boots Were Made For Walking: Unfortunately, respondents overwhelmingly agree that they are not getting what they need out of the relationship with their service provider. Fully 80% say they are so frustrated that they are actively looking to replace their existing provider in the next twelve months. Let that sink in: 4 out of 5 MSP/CSP customers are in play within the next year because their service provider is falling short. We're taking our business elsewhere! MSP / CSP of enterprises are actively considering switching MSPs Broken Vows & Irreconcilable Differences: Respondents were not at all bashful is pinpointing exactly where service providers are falling short. Frustrations center around service providers' inability to properly optimize cloud spend (60%); limited or non-existent multi-cloud options (58%); inability to better enable cloud automation (50%); inability to provide visibility across cloud spend (41%); and an inability to automatically remediate cloud spend inefficiencies (24%). Other irritants mentioned included lack of billing transparency, lack of governance controls, too much fragmentation of services, and insufficient ROI. Playing The Field (But Would Prefer A Committed Relationship): 88% of respondents use two or more cloud-oriented service providers (MSP/CSP). The vast majority (64%) use two. However, 87% said they would prefer a single, strategic provider if they could get all the benefits and expertise through a single source. Currently, only 18% of respondents say they have a truly deep partnership with any service provider. of enterprises would prefer a single, strategic provider

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