Data Centre Magazine June 2023 | Page 118

CLOUD COMPUTING

The factors driving the cloud repatriati

Speaking with Jake Madders , the Co-Founder and Director at Hyve Managed Hosting , we explore what is fuelling the emerging trend of cloud repatriation
WRITTEN BY : JOSEPHINE WALBANK

The global cloud computing market is set to surpass $ 1tn by 2028 – a shift that ’ s redefining the world of both businesses and employees at a phenomenal pace .

But , despite the extraordinary popularity of cloud technologies , the current global climate is putting increasing pressure on businesses to cut down their infrastructure costs . And , one of the most effective ways to do this is to repatriate workloads away from public clouds . In fact , a recent 451 Research survey found that a staggering 48 % of respondents had repatriated at least some of their workloads .
Jake Madders is the Co-Founder and Director at Hyve Managed Hosting , a fully-managed global hosting provider .
Alongside fellow Co-Founder Jon Lucas , Madders has been instrumental in driving Hyve ’ s phenomenal pace of growth , from small-scale start up to award-winning cloud leader in just 16 years .
In an exclusive interview with Data Centre Magazine , Madders shares his insights into the rise of cloud repatriation and into what is driving this widespread trend .
118 June 2023