In Malaysia, the first mainframe, the IBM System/360, was introduced in 1964. Cloud-first policies and cloud migration are top of mind for senior IT leaders, particularly in enterprise environments. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 2007-2023 Cloudwards.net - We are a professional review site that receives compensation from the companies whose products we review. Global Technology, Media & Telecom Industry Leader, Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (DTTL), its network of member firms, and their related entities. If you are an admin, please authenticate by logging in again. 1The 72 percent saving is based on one M32ts Azure VM for Windows OS in US Gov Virginia region running for 36 months at a Pay as You Go rate of ~$3,660.81 per month; reduced rate for a three year Reserved Instance of ~$663.45 per month. For their part, cloud users should consider the following factors as they continue to migrate to cloud: The cloud migration strategy. 2023. The cloud application and infrastructure services will grow experience significant growth between 2020 and 2021, moving up to a solid third place among these six cloud categories. The survey also posed to 600 medium to large organizations what percentage of infrastructure operations belonged to: On-premises legacy environments; Public cloud workloads; Private or hybrid cloud workloads Those observations track with the results of the Fortinet survey. Cloud Computing's Catch-22. 80 percent of the effort to migrate to the cloud comes from 20 percent of the workloads being moved. The three major types of cloud computing are: Infrastructure as a Service (IaaS), Software as a Service (SaaS) and Platform as a Service (PaaS). Already, cloud has become much more than an alternative computing approach; in the near future, it is poised to become standard operating procedure for all types of businesses. Cloud data centers will process 94 percent of all workloads in 2021. These servers host data that you can access via an internet connection. Although these companies are not necessarily providing detailed quarterly numbers, their commentary has been in line with those that do release exact numbers. Hybrid cloud - this is when a company uses both a public and a private cloud. Cloud is expected to grow from $257.5 billion in 2020 to $304.9 billion in total worldwide revenue in 2021, representing an 18% growth. assuming that the current market of $157 billion reflects 15% of workloads in the cloud, with the end state being approximately 75%. Workload operations should . This shift is driven by the growing interest in leveraging containers to speed deployment, scale operations and increase the efficiency of workloads running in the cloud. In calendar Q1 2020, they saw growth explode by 42% compared to the previous year. The service gives you access to a Windows cloud computer that works exactly like a physical one does. Prepandemic, cloud migration was already often complex. 70% of companies using the cloud plan to increase their budgets in the future. A new study from the Cloud Security Alliance (CSA) and cloud security company AlgoSec finds that over half of organizations are running 41 percent or more of their workloads in public clouds . In fact, 76 percent measure their cloud progress according to cost efficiency and the savings they made thanks to cloud. Thank you for sharing this great article! So with the same energy, we are managing . But what about the network infrastructure underneath? "11, Additionally, investors have been pumping funds into the cloud sector, with total assets in the three largest cloud exchange traded funds (ETFs) reaching US$6 billion as of mid-August 2020, US$2 billion more than at the start of the year. The market in the first half of 2019 was about US$40 billion larger than in the first half of 2018, while the market in the first half of 2020 was about US$50 billion larger than in the first half of 2019. In an April 2020 survey of security professionals, 94% believed that the pandemic increases the level of cyberthreat. Flexera cited as a leader by independent research firm for cloud cost management and optimization. Revenues for 2020 are likely to be over US$125 billion, increasing tomore than US$160 billion in 2021.7 And although percentage growth was down three points in the first nine months of 2020 compared to all of 2019, it is worth noting that in absolute dollar terms, the total hyperscale market (not just the five largest) grew more in 2020 than in 2019. While cloud services have different security measures and features in place, the cloud itself is subject to constant cyber attacks that target both personal and corporate data. Depending on where you live, you may not be able to stream all the TV shows and movies you like. Much like the practical use of "workload" in other realms, it is focused primarily on the work itself, and what is used to achieve the work. Get the latest insights in cloud computing trends and cloud migration statistics. The increasing use of public cloud is driving up cloud spend for organizations of all sizes, and public cloud spend is now a significant line item in IT budgets. Survey respondents ranked data warehouse, relational database as a service (DBaaS) and container-as-a-service (CaaS) in the top three. These 26 cloud computing statistics are great indicators where the cloud service market is headed. A quarter (25%) of respondents cited private cloud as their most commonly used deployment model, the highest percentage after multicloud (36%). Eighty-two percent of all the smartphones in the world run on Linux. One way that hyperscalers can deal with both data transfer and app development is through partnerships.25. At one time, almost all AI was performed on the cloud, as edge devices such as smartphones, cameras, sensors, and robots lacked the onboard processing capacity for complex AI. Basically, the only difference is who owns the infrastructure. Although the growth in cloud in the first nine months of 2020 was very high, many forecasts expected it to slow to some extent in subsequent quarters. To break this down in financial terms, around $11 billion more was spent than in Q1 2020 and almost $2 billion more than in Q4 2020.16, In 2021, $58.3 billion will be spent on AI, and this will increase to $309.6 billion by 2026. However, two factors suggest that this decline in growth could be less than expected. Instead, the cloud market has been remarkably resilient. He is the lead researcher on semiconductor topics for the US TMT Center and for Deloitte Global. Moving to the cloud is a critical business initiative for many organizations. So in data centers, normally IT infrastructure is used on average at 40%. Most enterprises have, on average, only about 20-40 percent 2 of their workloads in the cloud, most of which are the easier, less complex ones. Gen Zs and millennials are striving for balance and advocating for change. SMBs run fewer and smaller workloads, so it stands to reason their cloud bills would also be lower. Despite widespread tech spending weakness in calendar Q1 2020, revenues grew by 31% over the same period in the previous year. If you are interested in finding out more about cloud security, we have an excellent article detailing cloud security measures for cloud storage services. 80 percent of cloud management efforts will support 20 percent of the service incidents or trouble tickets. While this unprecedented growth can, in large part, be attributed to the pandemic, this industry was on a healthy upward trajectory long before 2020.26, Global Cloud Storage Market in Billions USD, 2017-2028. One thing is certain: to remain competitive and maximize the available advantages, organizations must make strategic decisions about cloud computing, cloud architecture, usage of public clouds, effective tooling, cloud migration and cost management. Visit the cloud economics webpage today. As multiple enterprises shifted rapidly to cloud during the pandemic, some saw costs balloon. It would have not been surprising to see cloud spending go down a few points in 2020, given the spending reduction in multiple areas driven by the COVID-19 pandemic and the associated global recession. Postpandemic, all of these factors will likely be even more challenging. DTTL (also referred to as Deloitte Global) does not provide services to clients. The hyperscalers still offer remarkably good value for ad-hoc cloud infrastructure needs where the workload is highly variable or high-growth. The proliferation of cloud software, coupled with the disruption of 2020, has made the message loud and clear for organizations: digitize or die. Currently, you are using a shared account. 26 Cloud Computing Statistics, Facts & Trends for 2023. While that could be true, new research from Synergy . Available: https://www.statista.com/statistics/1266602/workloads-cloud-organizations-worldwide/, Share of workloads in the cloud among organizations worldwide as of April 2021, Available to download in PNG, PDF, XLS format, Cloud computing worldwide revenue 2015-2022, by segment, Public IT cloud services global market growth 2011-2023, Public cloud services growth worldwide 2022 and 2023, by segment, Global cloud IT infrastructure spending 2013-2026, Public cloud application infrastructure services market 2015-2023, Public cloud business process services market size 2015-2023, Platform as a Service (PaaS) spending by segment worldwide 2016-2022, Communications Platform as a Service market size worldwide 2015-2025, Global current and planned cloud models 2020-2025, by deployment model, IaaS and PaaS revenue by vendor in 2018-2022, Global cloud IaaS/PaaS vendor revenue share 2018-2021, Market share of public cloud IaaS, SISaaS & PaaS vendors worldwide 2019-2020, Leading cloud provider for cloud on-ramps in data centers worldwide 2020, by region, Microsoft's intelligent cloud revenue worldwide 2015-2023, by quarter, IBM cloud & cognitive software revenue worldwide 2018-2020, by subsegment, Enterprise public cloud platform and infrastructure service usage worldwide 2017-2022, Public cloud platform usage and adoption worldwide 2022, by service provider, Private cloud platform service usage worldwide 2017-2022, Private cloud platform service adoption worldwide 2022, by service provider, IT workload distribution globally 2019-2021, by cloud type, Hybrid cloud environment usage worldwide: workloads by type 2017, Prediction as to when 95 percent of workloads are cloud-based worldwide 2017, Cloud data center workloads from 2016 to 2021 in Central and Eastern Europe, Platforms where workloads would run now and in the future 2017, Cloud data center workloads from 2016 to 2021 in Western Europe, Installed cloud workloads worldwide 2015-2021, by cloud type, Cloud workloads as a percentage global cloud data center workloads 2011-2021, Personal cloud storage traffic growth worldwide 2015-2020, Leading cloud services and workloads deployed globally 2016, Installed cloud workload share worldwide 2015-2021, by cloud type, Global cloud data center IP traffic 2015-2021, Cloud computing penetration among large enterprises in France 2014, by industry, Obstacles to cloud computing among small-sized enterprises France 2014, Email services penetration among companies using cloud computing in France 2014, Obstacles to cloud computing among medium-sized enterprises France 2014, Enterprises using cloud storage services in France 2014-2016, Database hosting among entrerpises using cloud computing in France 2014, by industry, Find your information in our database containing over 20,000 reports. 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