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Frost and Sullivan in partnership with VMware Unveils the Hybrid Cloud Maturity Index (HCMI) assessment for Enterprises

 

Study reveals that cloud transformation ranks amongst the top 3 priorities for CIOs in India

Bengaluru, Feb 26, 2020: VMware, Inc. (VMW), a leading innovator in enterprise software, along with Frost & Sullivan, leading global research and consulting firm, released the Hybrid Cloud Maturity Index (HCMI) 2019 assessment of enterprises. In 2019, 300 enterprises were surveyed on their competence and capability in Hybrid Cloud adoption against a set of technology and strategic excellence criteria.

Frost & Sullivan’s HCMI model creates a path for enterprises to evaluate their Cloud journey based on the benchmarking exercise against two aspects – Strategic Excellence and Technology Excellence. This platform aims to help understand the maturity of hybrid cloud adoption in India.

According to the assessment, Enterprises realize that cloud is a critical foundation for digital transformation, therefore, more than 70% of enterprises surveyed have already started to use cloud services.However, only 24% of these enterprises in India currently have well-defined strategic objectives aligned to migrating applications to the cloud (SaaS, IaaS, PaaS). 

Apalak Ghosh, Program Manager and Head of Cloud Computing, Frost & Sullivan, “From the enterprises that we assessed, we saw that although Public Cloud is the most used model, Hybrid Cloud is expected to be an industry standard within the coming years and is expected to nearly double in next 2-3 years.”

Pradeep Nair, VP, and MD, VMware India, “Indian organizations are at an interesting juncture where they are determined to leverage technology for development and growth. VMware is positioned better than ever to help Indian organizations get the best out of their technology investments. Adoption of cloud native technologies can give Indian companies an advantage in today's dynamic business environment, helping to promote the Industry 4.0 in the country”.

BS Nagarajan, senior director and chief technologies, VMware India, “Hybrid cloud are unlocking unprecedented opportunities for businesses to leverage nearly infinite resources across the data center, cloud and edge. IT organizations are increasingly turning to Hybrid Cloud to empower their businesses to deliver the optimal environment for all their applications. The Hybrid Cloud Maturity Index (HCMI) assessment underlines the eagerness of Indian enterprises looking to embrace Hybrid Cloud with adoption likely to
double in the next 2-3 years. This is because Hybrid Cloud provides a high level of security, control, and performance while maintaining flexibility, scalability, and economies of scale.”

Key highlights from the HCMI assessment 

  • Need for robust Cloud Migration strategy
    • More than 60 percent of enterprises surveyed have said that they are using cloud services but do not have strategic objectives aligned with cloud migration.
    • IT leaders need to consider cloud as a strategic business enabler, rather than solely to solve tactical problems. Therefore, robust cloud migration strategies with mapped to objectives such as ROI, TCO, etc. becomes vital.
  • Hybrid Cloud gaining traction
    • Hybrid and multi-cloud environments are gaining in-roads as businesses seek flexible IT environments, and vendors introduce new management platforms that support a variety of services and protocols.
    • Hybrid cloud adoption is expected to double in the next two years. Enterprises with effective Hybrid Cloud architecture are expected to better cope with the evolving business requirement in this digital era.
  • Need to upskill the IT workforce
    • More than 65 percent of organizations have said that a lack of highly trained experts is a challenge for managing Hybrid Cloud environments  
    • Enterprises need to up-skill and train the IT/Technology team to enable effective management and enablement of Hybrid IT environments
  • Need for Proper Workload Assessment
    • Some businesses start migrating their workloads to the cloud without proper due diligence of their applications and workloads, which leads to multiple challenges such as less optimized workloads, security issues, etc.     
    • Enterprises need to have a standard process for their workload assessment before migrating any application to a suitable cloud environment.

About VMware

VMware software powers the world’s complex digital infrastructure. The company’s cloud, networking and security, and digital workspace offerings provide a dynamic and efficient digital foundation to customers globally, aided by an extensive ecosystem of partners. Headquartered in Palo Alto, California, VMware is committed to being a force for good, from its breakthrough innovations to its global impact. For more information, please visit https://www.vmware.com/in/company.html

VMware, Carbon Black, Pivotal, VeloCloud, and VMware EMPOWER are registered trademarks or trademarks of VMware, Inc. or its subsidiaries in the United States and other jurisdictions.

 

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

 

To join our Growth Partnership, please visit http://www.frost.com.

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Media Contacts:

Rashmi Adukoorie

Head, Communications

E: radukoorie@vmware.com

 

Avian WE:

Manju Menon

E: mmenon@we-worldwide.com

 

VMware is a registered trademark or trademark of VMware, Inc. in the United States and other jurisdictions

 

Forward-Looking Statements

This press release contains forward-looking statements including, among other things, statements regarding VMware's planned investment of US$2 billion in India between October 2018 and 2023; the commitment associated with the VMware VMinclusion Taara: Women Return to Work program and the potential benefits of the program to participants; and the strategic significance of India to the Company’s strategies. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) changes in VMware’s financial condition; (ii) adverse changes in general economic or market conditions; (iii) VMware's ability to enter into and maintain strategically effective partnerships and alliances; (iv) delays or reductions in consumer, government and information technology spending; (v) competitive factors, including but not limited to pricing pressures, industry consolidation, entry of new competitors into the virtualization software and cloud, end user and mobile computing industries, and new product and marketing initiatives by VMware’s competitors; (vi) VMware's customers' ability to accept emerging technology and to transition to new products and computing strategies; (vii) the uncertainty of customer acceptance of emerging technology; (viii) rapid technological changes in the virtualization software and cloud, end user and mobile computing industries; (ix) changes to product and service development timelines; (x) VMware's ability to protect its proprietary technology; (xi) VMware's ability to attract and retain highly qualified employees; (xii) the ability to successfully integrate into VMware acquired companies and assets and smoothly transition services related to divested assets from VMware; (xiii) disruptions resulting from key management changes; (xiv) risks associated with international sales such as fluctuating currency exchange rates and increased trade barriers; (xv) risks associated with cyber-attacks, information security and privacy; (xvi) the ability of VMware to realize synergies from Dell; and (xvii) VMware's relationship with Dell Technologies and Dell's ability to control matters requiring stockholder approval. These forward-looking statements are made as of the date of this press release, are based on current expectations and are subject to uncertainties and changes in condition, significance, value and effect as well as other risks detailed in documents filed with the Securities and Exchange Commission, including VMware's most recent reports on Form 10-K and Form 10-Q and current reports on Form 8-K that we may file from time to time, which could cause actual results to vary from expectations. VMware assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.