Top Cloud Computing Facts
The following facts and statistics capture the changing landscape of cloud computing and how service providers and customers are keeping up with the changing trends.
As our use of cloud resources (e.g., hosted services, networks, applications, storage and servers) grows, so does the data we collect about cloud computing. While cloud computing makes it easy to tap into virtually endless choices of hosted tools and services we still have to consider business goals and needs, current infrastructures, security issues and the overall costs associated with doing business in the cloud.
Top 5 Cloud Facts and Statistics to Know in 2017
The following facts and statistics capture the changing landscape of cloud computing and how service providers and customers are keeping up with these top cloud computing trends.
Depending on specific business needs and security concerns, a business can choose between private, public, or hybrid cloud deployment. Hybrid will be the most common usage of the cloud — but it requires public cloud to be part of the strategy. Technology providers will increasingly be able to assume that their customers will be able to consume cloud capabilities. - Gartner, Inc.
Recommended Reading: Webopedia's Cloud Computing Dictionary.
Among cloud software vendors, the top end of the market is represented by corporations such as Salesforce, Microsoft, and Adobe. In 2016, Salesforce's revenues included 6.2 billion U.S. dollars from the sale of subscription and support services. As another example of cloud's increasing popularity, commercial cloud sales were said to represent 11 percent of Microsoft's commercial revenue in 2015, but this is predicted to increase to 30 percent of commercial revenue by 2018. - Statista
It's a slow shift to the public cloud, according to data from Softchoice. 54 percent of IT leaders report that their teams struggle to form a cloud strategy – the first step of a cloud transition. Meanwhile, 52 percent lack a formalized cloud strategy entirely; of that number, 13.5 percent have no formal public cloud strategy and 39 percent have no formal strategy but are running pilots. Less than half (48 percent) of IT leaders claim they have a complete cloud strategy that includes timelines, resourcing and budgets. As firms seek to build out their cloud infrastructure, most choose to rely on third-party expertise. - Softchoice
Image Source: The State of Cloud Readiness: A Softchoice Study
By 2020, more compute power will have been sold by IaaS and PaaS cloud providers than sold and deployed into enterprise data centers. The Infrastructure as a Service (IaaS) market has been growing more than 40 percent in revenue per year since 2011, and it is projected to continue to grow more than 25 percent per year through 2019. By 2020, the revenue for compute IaaS and Platform as a Service (PaaS) will exceed $55 billion — and likely pass the revenue for servers. - Gartner, Inc.
Today, 85 percent of enterprises have a multi-cloud strategy, up from 82 percent in 2016. Private cloud adoption fell from 77 percent to 72 percent, also bringing hybrid cloud adoption down from 71 percent to 67 percent year-over-year. Cloud users are running applications in an average of 1.8 public clouds and 2.3 private clouds. - RightScale
A corporate "no-cloud" policy will be as rare as a "no-internet" policy is today. Cloud-first, and even cloud-only, is replacing the defensive no-cloud stance that dominated many large providers in recent years. Today, most provider technology innovation is cloud-centric, with the stated intent of retrofitting the technology to on-premises. - Gartner, Inc.
This article was last updated on April 03, 2018
Stay up to date on the latest developments in Internet terminology with a free newsletter from Webopedia. Join to subscribe now.
From A3 to ZZZ we list 1,559 text message and online chat abbreviations to help you translate and understand today's texting lingo. Includes Top... Read More »Huge List of Computer Certifications
Have you heard about a computer certification program but can't figure out if it's right for you? Use this handy list to help you decide. Read More »
Computer architecture provides an introduction to system design basics for most computer science students. Read More »Network Fundamentals Study Guide
Networking fundamentals teaches the building blocks of modern network design. Learn different types of networks, concepts, architecture and... Read More »The Five Generations of Computers
Learn about each of the five generations of computers and major technology developments that have led to the computing devices that we use... Read More »