Frost Radar™: Global Managed Cloud Services Market, 2021

Frost Radar™: Global Managed Cloud Services Market, 2021

Cloud has become an essential foundation for business growth for enterprises around the world. It’s unlocked cost efficiencies and increased speed-to-market while providing access to new technologies.

However, enterprises quickly discovered that hybrid and multicloud environments were too complex for their own resources. They turned to expert third-party managed services providers like NTT to simplify cloud complexity by designing, implementing and managing their hybrid and multicloud environments.

According to the 2019 Frost & Sullivan Cloud User Survey, by 2020 nearly two-thirds of businesses would be engaging in some sort of managed cloud service, while another 25% planned to add or expand their use of managed services in the next two years. Frost & Sullivan also positioned NTT as a leader in managed services.

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