The developing cloud markets in Australia and New Zealand (ANZ) are challenged by regulatory experimentation and unevenly distributed data centers. Enterprises are revisiting and refreshing cloud strategies, seeking to optimize investments as their economies grow slowly. Announcements of new hyperscaler data centers outside of southeastern Australia, along with new tier-two entrants, means that the next few years will be a time of continued evolution. This report helps cloud leaders understand the latest trends in cloud usage at enterprise companies in Australia and New Zealand.