This report shows enterprises feel intense pressure to modernize but are weighed down by legacy systems, growing risk, and rising maintenance costs. Most operate in hybrid IT and use phased modernization to avoid disruption. Key drivers include reducing vulnerabilities, improving interoperability, and enabling AI. Nearly all organizations face talent gaps and rely on partners for cloud, modernization, and strategy support. Leaders stand out with strong alignment between IT and business goals, structured measurement frameworks, and clear cloud cost strategies. Overall, organizations are progressing toward modernization through incremental, integrated approaches.

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