Posted On: Jul 26, 2018
Posted By: John Duff

Businesses utilize advanced technologies and trends to stay ahead in the marketing space. Cloud computing is one such technology which helps business to grow cost-effectively. Most of the companies are borrowing this application to reap maximum benefit.

Go through the infographic shared below to know more about cloud computing in businesses.

Cloud Computing

Infographic Content:

Why do businesses move to cloud?

– Reliable & Secure

– Quick Accessibility

– Affordability

– Increases Productivity

– Easy Collaboration

– Scalability

Save money with the cloud: (Rapid Scale)

– 82% of the company saved money by integrating cloud technology.

– 25% of business saw a drop in IT cost.

– It saves labor cost by 50%.

– Spend 25% less on personnel by deploying apps to cloud.

– Small business can save energy cost by 90%.

– 82% have seen improvement in productivity within first six months.

Closer look at stats:

– The public cloud services market was predicted to reach around 186.4 billion U.S. dollars in 2018 and market revenue may exceed 302.5 billion U.S. dollars by 2021. (Statista)

– In 2018, at least 50% of IT spending will be Cloud-based. (IDC Future Scape)

– 80% of US companies are preparing to increase the usage of cloud managed services. (Frost & Sullivan)

– Public cloud adoption grew to 92% and private cloud adoption to 75% in 2018 when compared to 2017. (Right scale)

Gartner says the cloud will be a default for all the software deployment by the year 2020.

Top 10 cloud-friendly countries in the world: (BSA Scorecard)

  1. Germany – 84.0
  2. Japan – 82.1
  3. U.S – 82.0
  4. UK – 81.8
  5. Australia – 80.6
  6. Singapore – 80.2
  7. Canada – 80.0
  8. France – 79.6
  9. Italy – 79.0
  10. Spain – 78.4

Top 6 factors driving cloud adoption: (Logic Monitor)

– IT agility – 62%

– DevOps – 58%

– Mobility – 55%

– Artificial Intelligence (AI)/Machine Learning – 50%

– Internet of Things (IoT) – 45%

Main cloud services used in business:

– Software-as-a-service (SaaS): Worth is estimated to be 73.6 billion U.S. dollars in 2018. (Statista)

– Platform-as-a-service (PaaS): Worth may reach $68.3 billion by 2026. (Statista)

– Infrastructure-as-a-service (IaaS): IaaS spending could reach $173 billion in 2026. (Forbes)