37% of organizations will increase cybersecurity spending

Cloud adoption and cybersecurity for small and medium businesses (SMBs) was analyzed in a recent report by DigitalOcean Holdings. The report found that SMBs are moving towards increased hybrid and remote work. 

The report also found that 78% of organizations believe that their use of AI/ML will increase next year, 37% of organizations plan to increase their cybersecurity spending and 35% are employing multi-cloud approaches.

The cloud infrastructure landscape remains dynamic, with 33% of organizations relying solely on a single cloud provider, 35% adopting a multi-cloud approach and 31% integrating a hybrid model.

Read the full report here.