London – Colt Technology Services has today released new research into enterprise plans for the next wave of technology migration. The findings demonstrate a hunger for emerging tech solutions, with 54 percent of respondents citing ‘technology evolution’ as a key enabler of their plans.

The unique research, carried out by Censuswide, asked 400 senior IT decision-makers from organisations with over 500 employees about their upcoming cloud projects. The research embraced cloud decision-makers, as well as executives with C-level responsibilities. The findings span geographies across Europe and Asia, as well as numerous industry sectors.

With the last 12 months having seen a surge in cloud migration, driven by COVID-19, enterprises are now ready to take migration to the next level, engaging with a new era of cloud possibilities and embracing a whole new generation of cloud-centric compute and connectivity.

With large budgets backing the next wave of cloud projects, there is evidence of a renewed focus on overcoming barriers and delivering goals. Some 33 percent of respondents are setting aside between £251,000 and £500,000 to fund their next cloud move. There is also recognition of the importance of forging the right partnerships to develop cloud plans and turn them into reality. Tried and tested relationships with existing cloud service providers and network service providers are especially valued.

With legacy technologies increasingly unsuited to solving the complex challenges of the multi-cloud era, enterprises are looking for newer solutions built with the cloud in mind. Application programming interface (API) technology topped the list of essential tools for meeting cloud goals, with 56 percent of respondents citing it. Edge compute (47 percent), AI (43 percent), on-demand networking (40 percent), uCPE (34 percent) and SD WAN (32 percent) were also deemed critical, with high confidence expressed in all.

The study found that Customer Relationship Management (CRM) topped the list of applications for the next phase of cloud migration. Improving the customer experience and finding better ways to map the customer journey are clearly of growing importance to enterprises, suggesting an intimate connection between enterprise objectives for the cloud and a desire to improve customer experience through effective transformation. Some 57 percent said CRM applications would be the focus of their next cloud migration project while 54 percent said ERP.

Keri Gilder, CEO of Colt said ““From our research last year, we saw an increase in cloud migration projects. This new report deep dives into what enterprises are moving, how they’re doing it and why. It’s no surprise that tech evolution and emerging technologies are being increasingly used for these projects. The connectivity that underpins them is critical. To ensure cloud migrations happen smoothly, enterprises need to focus on flexible, high bandwidth, low latency connectivity. To do that, they need the right partners. They need an ecosystem of partners working together to deliver for them and their end customers. At Colt, we work closely with the major cloud service providers to deliver and enable cloud migrations for enterprises. Colt strives to take what’s always been in our DNA to create an environment of constant transformation that puts enterprises in the best possible position to tackle today’s business challenges.”

She added: “The Colt IQ Network, a 100Gbps optimised intelligent network distributed to more than 29,000 on net buildings, 900 data centres and hundreds of data network connection points around the world is the perfect network to help them achieve this.”

The full research report is available to download and view today.