6 Areas to Watch in Cloud Growth – Part 2

The public cloud is set to continue growing with cloud spending expected to reach $122 billion in 2017 according to the latest market reports by IDC and Gartner. According to both IDC and Gartner Software as a service (SaaS) will remain the dominant cloud computing type and continue to grow to almost 60% by 2020.

There are many trends to watch out for over the next three years according to these recent reports and in this two-part post we will share six of these trends with you.

Cloud Purchase Priorities

IDC says that though spending priorities differ depending on the size of the company, customer relationship management (CRM) and enterprise resource management (ERM) applications are leading product categories, and server and storage hardware spending will also grow.

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Strategix cloud hosting solutions provides several attractive benefits for your company by enabling you to consume computer resources as a utility – just like electricity – rather than having to build and maintain IT infrastructures on-premise.  Extending into the cloud should expand your options without adding complexity allowing you to meet changing business needs with greater flexibility.

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Large, Mid-Size Businesses Drive Public Cloud Spend

Nearly half of all public cloud spending will come from businesses with more than 1,000 employees, while medium-sized businesses (between 100-499 employees) will deliver more than 20 percent throughout the forecast, IDC says.

Demand from Compute-Intensive Workloads Drives Cloud Growth

Compute intensive workloads, such as artificial intelligence (AI), analytics, and the Internet of Things (IoT) will drive more cloud growth in the IaaS space. Migration of infrastructure to the cloud will also drive this growth, according to Gartner.

In a world that is moving so rapidly towards digital can your business afford not to be in on this growing trend? Strategix cloud hosting solutions provides several attractive benefits for your company.

Resource: www.Talkincloud.com

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