Wasabi’s Hot 2024 Predictions for the Cloud

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Presented by

David Friend, CEO and Co-Founder, Wasabi; Andrew Smith, Sr. Manager, Strategy and Market Intelligence, Wasabi

About this talk

Macroeconomic uncertainty which began in 2022 crept into 2023, impacting both cloud IT budgets and spending throughout the year. As a result, many organizations reevaluated cloud spending with a renewed focus on long-term cost reduction, operational efficiency, and simplicity. At the same time, organizations continue to drive infrastructure modernization initiatives needed to support digitization, and now the rise of AI. This juxtaposition: the need to better manage cloud IT costs, while simultaneously expanding usage of these same solutions to drive digital modernization, will be a defining challenge for many enterprises throughout 2024. Join Wasabi cloud experts David Friend, CEO and Co-Founder, and Andrew Smith, Senior Manager of Strategy & Market Intelligence, to gain a better understanding of how these changes affected the cloud storage market in 2023, as well as their predictions on which driving the market in 2024. What you will learn: - 2023 in review: a brief summary covering some of the major cloud storage trends which drove the market - Artificial Intelligence (AI) hype vs reality: what is the realistic impact of emerging AI/ML-based workloads on cloud infrastructure and storage in 2024? - Cloud democratization: how will growth and expansion of hybrid/multicloud infrastructure environments impact technical requirements and cloud purchase decisions in 2024? - Digitization and modernization from cloud to the “edge”: how will organizations solve the complex problem of extracting value from their data – no matter where that data sits? Presented by: - David Friend, CEO and Co-Founder, Wasabi - Andrew Smith, Sr. Manager, Strategy and Market Intelligence, Wasabi

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Wasabi provides simple and affordable hot cloud storage for businesses all over the world. It enables organizations to store and instantly access an unlimited amount of data with no complex tiers or egress or API fees, while delivering predictable costs that save money and industry-leading security and performance businesses can count on. Trusted by customers worldwide, Wasabi has been recognized as one of technology’s fastest-growing and most visionary companies. Created by Carbonite co-founders and cloud storage pioneers David Friend and Jeff Flowers, Wasabi is a privately held company based in Boston. Wasabi is a Proud Partner of the Boston Red Sox, and the Official Cloud Storage Partner of Liverpool Football Club and the Boston Bruins.