Cloud Development Environments (CDEs) are becoming increasingly popular among fast-moving, entrepreneurial organizations. Gartner has recognized CDEs as a technology to watch in its Hype Cycle™ for Emerging Technologies and predicts that by 2027, 40% of organizations in highly regulated verticals will mandate cloud development environments. Key drivers behind CDE adoption include improving developer experience, providing secure and productive cloud environments, and addressing issues such as onboarding and project management. Companies like Palantir Technologies have experienced tangible benefits from adopting CDEs, leading to faster development cycles, reduced need for onboarding and support, and a clear path for more external contributions.