A recent market analysis by Information Services Group Inc. (ISG) highlights the growing trend of U.S. public sector agencies adopting hybrid cloud managed services to modernize outdated legacy systems amid budget and staffing constraints. The report underscores the importance of advanced cloud service models in improving governmental operations, enhancing citizen engagement, and addressing complex IT regulatory requirements. Despite challenges such as limited resources and federal changes, 90% of state, local, and educational organizations are expected to embrace hybrid cloud models. The analysis identifies modernization, cybersecurity, and hybrid cloud adoption as key focus areas for technology investments in the sector. The report also evaluates the capabilities of 38 providers, with Rackspace Technology recognized as a leader across all evaluated areas, and other notable leaders including Ensono, Kyndryl, NTT DATA, and Unisys.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.