Infosys has published new industry analysis that suggests that telecom companies are poised to increase their cloud spending in the upcoming year.

The report, 'Cloud Radar: Telecom Industry Report', builds on Infosys' previous 'Cloud Radar 2023' report, offering deeper insights into the telecom industry.

The report identifies cloud technology as particularly valuable for 5G deployment and the provision of new services, such as the Internet of Things (IoT), machine-to-machine communication, and robotics.

According to the 'Cloud Radar: Telecom Industry Report', "77% of telecom executives say cloud migration efforts are very effective or extremely effective." This suggests a high level of confidence in the effectiveness of cloud migration within the sector.

The report also reveals that "Telecommunications companies surveyed spend $32 million annually for cloud, nearly matching the overall average of $33 million." This indicates a significant investment in cloud technology by telecom companies.

However, the report also highlights that "Telecom companies aren’t using all the cloud that they have already provisioned. The survey found that telecom companies have consumed only 48% of the cloud they have committed to." This suggests there is potential for increased utilisation of existing cloud resources within the sector.

The report also notes that "Telecom providers are increasingly adopting multi-cloud strategies to deliver 5G services efficiently and meet evolving consumer needs." This indicates a shift towards more complex cloud strategies to meet the demands of 5G deployment.

Interestingly, the report found that "45% of telecom respondents allow any department head or IT manager to deploy new cloud infrastructure, software, or applications, signaling an all-to-lax approach from a security perspective." This suggests potential security risks associated with a lack of oversight in cloud deployment.

Finally, the report reveals that "44% of critical cloud decisions are made in isolation." This suggests a need for greater collaboration and strategic alignment in decision-making around cloud technology within the telecom sector.