Middle East, UAE – New research from Rackspace Technology has revealed that despite many companies accelerating their digital transformation programmes, just 36% of technology leaders report a willingness to take on risk.

The Multicloud Annual Research Report 2022 cloud technology remains a key component of many IT strategies to improve customer experience and ease of use (52%), as well as the agility to scale up and down based on demand (36%). Many organisations are now also looking towards serverless to seize on the advantages that the early adopters (20% of respondents) are experiencing, like the ability to automate workflows (55%), scale IoT applications (25%), and deploy virtual assistants (25%).

However, concerns around security and IT talent have brought a dark cloud over the pursuit of such digital transformation and resulted in a low appetite for risk.

Nearly half of respondents (42%) stated that security and data privacy concerns present the top barrier to preventing their organisation from achieving peak cloud benefit and innovation in the space. 20% of respondents are either running applications on serverless or planning to in the next three years and 57% cited security specifically as a barrier to adoption.

The second most commonly reported challenge is the talent shortage, which is in turn exacerbating leaders’ security challenges. In fact, the talent shortage is inhibiting organisations’ adoption of new development methods in their DevOps (73%) and presents a barrier to serverless adoption (48%).

Overcoming security and talent concerns

Whether it’s moving to a multicloud environment, application of business processes, or the adoption of new technologies like serverless computing and the edge, digital innovation is at the core of many organisations’ business strategies.

Understanding the need to balance the risk presented by security and talent concerns and the pursuit of innovation, nearly half of technology leaders are now working with external strategic partners for support with security (46%), managed services (45%), IT strategy (50%) and training (25%).

Businesses are also bolstering their efforts to attract new IT talent by promoting training and development opportunities (47%), increasing salaries (34%) and promoting opportunities for hybrid and remote working (31%). And the same incentives are being offered to current employees to help curb staff turnover (31%, 32% and 38% respectively).

George Pawlyszyn, General Manager, Middle East and Africa, Rackspace Technology, comments: “The current security landscape has put a dark cloud over many organisations’ technology ambitions, with IT leaders facing immense pressure between the pursuit of innovation and taking on greater risk through the adoption of new technologies. This has been further aggravated by the talent shortage that continues to plague the IT and security sectors.

“To ensure that businesses don’t have to stall their digital transformation projects, or take on undue risk in pursuing them due to a lack of skills, IT leaders should look for partners that can bring greater expertise and resources to help them continue to innovate safely.”

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ABOUT THE RESEARCH

The survey was conducted by Coleman Parkes in April 2022 and targeted 1,420 senior IT decision-makers across multiple key sectors in the USA, LATAM, EMEA (150 UK IT leaders), and APAC.

ABOUT COLEMAN PARKES

Coleman Parkes is a full-service B2B market research agency specializing in IT/technology studies, targeting senior decision-makers in SMB to large and enterprises across multiple sectors globally. For more information, contact research@coleman-parkes.co.uk

About Rackspace Technology

Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.