Nearly half of organizations plan to increase spending on data center infrastructure in 2022, and data center modernization efforts continue to be a priority for many. The top modernization steps targeted for investments include software-defined data centers, AIOps, monitoring tools, and on-premises deployments of hyperscale cloud technologies. In addition, a majority of organizations want to apply a cloud-like payment model based on resource utilization in their data centers, further illustrating their desire to balance on-premises and cloud approaches.