Even though organizations continue to consume cloud resources inefficiently, they continue to increase the amount of money allocated. These were among the findings of a global survey of 1,000 technology practitioners and decision-makers conducted by Forrester Consulting on behalf of HashiCorp.

The survey found a full 94% of respondents reported that their organization struggled with cloud waste. Top factors contributing to avoidable cloud spending included overprovisioning resources (50%), idle or underused resources (50%) and a lack of needed skills (43%). Nevertheless, more than half of respondents (56%) said they boosted their cloud spending in the last year compared to 22% which reduced it.

At the same time, however, 92% of respondents said they are moving toward adopting, standardizing or scaling platform teams as part of an effort to centralize the management of cloud services, but only 39% are scaling the use of platform teams throughout the organization. The survey also found, however, that organizations are addressing skills shortages by adopting a common operating model/shared automated workflows (58%), reskilling/upskilling (56%) and working with partners (43%).

The survey also found many organizations are also committed to multi-cloud computing, with nearly three-quarters (73%) reporting this strategy is helping them reach their business goals. Another 19% said they expected this strategy to help them achieve their business goals in the next year.

The most-cited reasons for adopting a multi-cloud strategy were reliability (51%), cost reduction (48%), security and governance (45%), digital transformation (45%) and scalability (45%). Only 10% had no choice but to go multi-cloud due to acquisitions or other issues.

Security (88%), availability (84%) and scalability (84%) were identified most often as being important/very important multi-cloud success factors, followed closely by regulatory/compliance requirements (82%), staffing and skill levels (82%), budget (80%), visibility into cloud infrastructure (78%), automated tooling (77%) and platform teams (75%).

The top cloud initiatives were data protection (77%), followed by secrets management and access control (both at 75%), the survey finds. The top security concerns were password/credentials/secrets leakage (50%) followed by data theft (49%), phishing (46%) and ransomware (42%).

Overall, respondents said the biggest benefits of having a multi-cloud computing strategy were a stronger security posture (74%) and helping attract, motivate and retain skilled staffers (68%).

Chris Van Wesep, senior director of product marketing for HashiCorp, said it’s clear organizations are purposely using multiple clouds to reduce costs by pitting one cloud service provider against another. The challenge organizations face when using that approach is they need to define a consistent set of development processes that can be used across multiple clouds to keep total costs under control.

Organizations that embrace multi-cloud computing are also more likely to implement security best practices because of their need to consistently manage multiple cloud computing environments, he added.

Of course, there is always going to be a great disparity between high- and low-performing organizations. The survey found that about 25% of survey respondents are high performing, with an equal number falling at the other end of the spectrum. The rest fall somewhere in between those two ends of the spectrum. The issue is that the gulf between the high and low ends of that spectrum appears to be widening as more organizations fail to muster the level of skills and expertise needed to succeed in the cloud era.