1) Global Adoption. The global market for public cloud services will reach $350B this year and exceed $623B by 2023, according to sources cited by HostingTribunal.com. In just five years, 80% of organizations worldwide are predicted to migrate toward cloud, hosting and colocation services. One of the fastest growing cloud-service segments, according to Gartner, is infrastructure-as-a-service (IaaS), with expected growth of 24%.
2) Enterprise Adoption. Ninety-four percent of all enterprises already use at least one cloud service, per data curated by HostingTribunal.com, while 83% of enterprise workloads will be cloud-based by the end of this year. Cost-cutting tops the list of reasons large organizations are adopting cloud services, followed by a goal of adding new features and capabilities. Some 66% of enterprises already have a central cloud team or center of excellence in place to help them assess solutions, set policies and optimize spending.
3) Small Business Adoption. In the next six to 12 months, 78% of small businesses will fully adopt cloud computing. Forty-one percent will favor the public cloud, with more than half of them choosing Amazon Web Services (AWS). Of SMBs who have moved to the cloud: 94% report security benefits; 84% attest to lower costs; 59% report IT-related increases in employee productivity; and 70% are reinvesting savings back into their business.
Mohammad (Mo) Nilforoushan is a trusted Technology Advisor in North Dallas who has completed his BSEE from Cleveland State University and a MS in Solid State Physics from Bowling Green State University. He has worked as a Product and Test Engineering Manager for 15 years with RCA/Harris, Dallas Semiconductor and Texas Instruments. He was also Director of Operations at Microtune Inc. between 2002 to 2015. Mo started his own company, “TeamLogicIT Plano” in 2015 with a mission to deliver excellent Managed IT Services in Dallas and Plano, TX with innovation and updated technology. The TeamLogicIT Plano team, which includes his wife Kathleen Stewart (marketing/sales) provides excellent IT Support, Computer Services, Cloud Computing, Backup, and Disaster Recovery, with second to none customer service. Call us at (469) 573-3743 or contact our email PlanoTX@TeamLogicIT.com.