A multi-cloud approach is still the de facto standard among organizations. The average annual PUE for large data centers has fallen by 36% over 13 years, from 2.5 in 2007 to 1.59 in 2020 (lower numbers are better). Sixty-eight percent of the CIOs ranked migrating to the public cloud and/or expanding private cloud as the top IT spending driver in 2020, up 20 points from a similar survey only six months earlier. According to cybersecurity experts, the most pressing cloud security challenges are misconfiguration of the cloud infrastructure (68 percent); unauthorized access (58 percent); insecure API (52 percent); accounts, services or traffic hijacking (50 percent) and external data sharing (43 percent).8. Cloud gaming works similarly to streaming services; rather than installing a video game on your computer, you can stream it to your display instead. A . On-premise workloads are predicted to shrink from 37% today to 27% of . Cloud Usage Statistics 13. Longer term, as growth returns to historical rates, it seems likely, based on the history of technology, that market concentration will increase again. In May - June 2020, LogicMonitor commissioned an independent third-party research firm to survey 500 IT decision makers from the US, Canada, UK, Australia and New Zealand to ascertain their views on IT automation, cloud migration and business continuity in the face of unexpected crises. The cloud. What was once a trendy, science fictionsounding buzzword has become an inescapable part of our everyday personal and professional lives. 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. That's not all SaaS processes will account for 75 percent of the . . The proliferation of cloud software, coupled with the disruption of 2020, has made the message loud and clear for organizations: digitize or die. With a predicted CAGR of 48.2 percent, it is expected that it will reach $7.24 billion in revenue by 2027.20 Read our online gaming statistics to learn more. DTTL (also referred to as Deloitte Global) does not provide services to clients. This can help optimize infrastructure, increase staff productivity, and enhance business value.30, New opportunities for value.Moving to the cloud is not only allowing organizations to recover but positioning them to thrive postpandemic, increasing resilience and supporting business continuity at first, and then allowing to them to do new things and offer new services. The cloud workloads summary breaks down cloud approaches used by respondents like this: Public cloud: 40 percent; On-premises legacy: 31 percent; Private/hybrid cloud: 29 percent; The most popular workloads across all three approaches are: databases, analytics and web/content hosting, as shown here: Workload operations should . 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. However, a workload should have defined boundaries regarding . As of 2020, roughly 41% of enterprise workloads were in the cloud. As multiple enterprises shifted rapidly to cloud during the pandemic, some saw costs balloon. The intelligent edge is not a replacement for enterprise and hyperscale cloud data centers, but a way to distribute tasks across the network to increase timeliness, connectivity, and security.24 In the intelligent edge model, much of the data that used to always go to the data center doesnt go there anymore, and hyperscale providers should make sure this data finds its way back to centralized clouds for analysis and AI trainingand ensure that theyre not cut out of access to this data. Currently a managing partner in the Japanese firm, Nobuo brings over 25 years of experience in technology and management consulting focusing on the electronics industry. 3. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. This growth is expected as more organizations migrate their IT workloads to the cloud. With an average compound annual growth rate (CAGR) of 21 percent, this market is predicted to grow to $223.98 billion in revenue by 2028.15. Organizations are, on average, running 40 percent of their workloads in the public cloud, and 89 percent are either already in various stages of implementing cloud, or plan to adopt public cloud within the next year, according to DivvyCloud's 2019 State of Enterprise Cloud and Container Adoption and Security report.. AWS and Microsoft Azure would be the clear leaders in terms of adoption . Various tangible and measurable indicators highlight the magnitude of this acceleration, including workload, revenues among public cloud providers, revenues among the semiconductor companies whose chips power the cloud, and growth in cloud traffic across global telecom networks. Since all you need is an internet connection, cloud computing is super convenient for both business and personal use. In 2020, the global cloud computing market was valued at $371.4 billion, and it is estimated that by 2025 it will rise to a staggering $832.1 billion. Hybrid clouds combine the advantages of public and private clouds. According to a deep-packet inspection report on network traffic during the period from February 1 to April 19, 2020, global cloud traffic as a percentage of total internet traffic rose from 1.26% to 1.83%, up by 45%.10 Over the same timeframe, overall internet traffic grew by 38%, meaning that cloud traffic, measured by the absolute number of bits per day, rose by almost exactly 100%. Cloud providers can take several steps to support their continued growth. Its huge. As companies move more applications to the cloud, the cloud market is booming. Visit the cloud economics webpage today. Eighty-two percent of all the smartphones in the world run on Linux. Of financial services companies currently using a majority cloud strategy in the United States, for example, only half (54%) of their workloads are fully deployed in the cloud. Check out the latest blogs related to Cloud Management below. To conduct a cost-benefit analysis, companies can use a cloud value calculator to evaluate the gaps between the current state and potential future opportunities. By 2021, 33% of surveyed enterprises were running over 50% of their workloads on the cloud, indicating that this trend will continue to increase over time. 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 . Get the latest insights in cloud computing trends and cloud migration statistics by downloading the Flexera 2022 State of the Cloud Report. A subsidiary of Amazon, AWS currently holds 31 percent of the market, followed by Microsoft Azure at 20 percent and Google Cloud at seven percent. In 2019, total hyperscale spending on capex (which includes both IT infrastructure and physical infrastructure spend) was over US$120 billion.21 Given the continued growth in revenues, it seems likely that hyperscale capex will continue to grow at double digits, reaching US$150 billion by 2022. Together, we can help you imagine, deliver, and run your business, wherever youcompete, using the latest technologies like cloud and cognitive, from strategy development through implementation. Since at least three years ago, most organizations with workloads in the cloud have made this a top priority, along with cloud security. Criteria for which workloads move to cloud. Azure has surpassed AWS for breadth of adoption for the first time. Because of this, 92 percent of organizations already have a multi-cloud strategy.4, Enterprises face many challenges, but three of the most prevalent issues include security (83 percent), managing cloud computing spending (82 percent) and governance (79 percent). This way, if one of the services is unavailable for whatever reason, the organization can switch to a working backup for disaster recovery. Moving to special AI chips. Linux's strength comes from its open-source design and . On average, using the public cloud for office productivity applications emits about6 7 kg of CO2 per employee per year, while a nonvirtualized on-premise solution would be responsible for nearly 30 kg of CO2 per employee per year.37 In the consumer world, as of 2019, viewing a two-hour Netflix movie consumed just over eight watt-hours of energy from Netflix and its distribution partners.38 This is a fraction of the energy needed to drive to a movie theater or even of taking public transit. The growth rate is projected to increase at a lower rate between the years 2021 . Apply. According to a March 2020 report, more than 90% of global enterprises will rely on hybrid cloud by 2022.3 Another survey from the same month found that 97% of IT managers planned to distribute workloads across two or more clouds in order to maximize resilience, meet regulatory and compliance requirements, and leverage best-of-breed services from different providers.4. A simple process could often turn into a fog of conflicting goals, broken dependencies, and cost overruns. As mentioned, Linux runs 90 percent of the public cloud workload. As organizations move more workloads to the cloud, they can retire the technical debt associated with maintaining and operating traditional data centers. Statistics On Cloud Service Providers. By 2025, 85% of enterprises will have a cloud-first principle, according to Gartner. What was once considered science fiction could soon become reality. Respondents indicated their public cloud spend was over budget by an average of 13 percent, and expect their cloud spend to increase by 29 percent in the next twelve months. See Terms of Use for more information. Statista. (Flexera, 2020) Source: ITCandor. Weve seen two years of digital transformation in two months.Microsoft CEO Satya Nadella1. Private cloud - it's designed for internal use by a single organization. With a CAGR of 26.2 percent for the 2021 to 2028 period, it will balloon to more than $390 billion by 2028. By comparison, only 25 percent of all the computing data was stored this way in 2015. If you are interested in finding out more about cloud security, we have an excellent article detailing cloud security measures for cloud storage services. Clearly, hybrid cloud is the new normal. See: Netflix. When asked what percentage of workloads organizations already have in the cloud, today 33% are running more than 50% of workloads in the cloud; in the next 12-18 months, that grows to 56%. What we refer to as the cloud actually exists as a physical network of servers. This goes to show that non-cloud data centers are on their way out and will be superseded by cloud data centers in the near future.14. The COVID-19 pandemic profoundly affected many aspects of our lives, and work was no exception. As stated by the industry publication SiliconANGLE: Because the big cloud players are so large, they are exposed to industries that have been hard-hit by the pandemic. There are good reasons to believe the 15% . . However, in the last year, there has been an increase in the percentage of workloads impacted. Just . Social login not available on Microsoft Edge browser at this time. . This allowed AWS to evolve at a more leisurely pace and to develop more functionalities. Of course, it is impossible to predict with 100 percent accuracy how the future of cloud computing will look COVID-19 showed us that everything can change but certain patterns concerning cloud technologies and cloud infrastructure have emerged and they warrant analysis. According to the Cloud Infrastructure Report, featuring responses from more than 150 IT decision-makers at organizations where at least 300 employees were using cloud infrastructure, 85 percent of organizations expect to shift the majority of their workloads cloudwards by the end of the year, while just shy of a quarter (24 percent) plan to be "cloud-only". Cloud security is one of the biggest concerns for businesses. By comparison, 52 percent also spend $1.2 million or more on Azure, indicating Azure has closed the gap for the first time in the eleven years of this survey. In an April 2020 survey of security professionals, 94% believed that the pandemic increases the level of cyberthreat. May 31, 2021. As articulated by Healthcare IT News: While cloud computing better optimizes the use of resources in health care, it also creates significant risks. Beena Ammanath, Susanne Hupfer, and David Jarvis. The changes that Gartner says are on the horizon will mean major shifts in the way the world does business over the next few years, the results of which Gartner said will be more than 85% of . One thing fueling the drive to the cloud is the explosion in SaaS workloads. A cloud workload is essentially a resource or service consuming computing power in the cloud. This is just one type of artificial intelligence, and it is no wonder that companies are looking into ways to invest in and expand this field.17. As organizations move more workloads to the cloud, they can retire the technical debt . Chart. You can only download this statistic as a Premium user. Between mid-2012 and 2018, the cloud computing resources used by state-of-the-art AI grew by 300,000 times.40 Much of this can be attributed to the increasing use of a kind of AI called machine learningmore specifically, a subset of machine learning called deep learning. Hybrid cloud - this is when a company uses both a public and a private cloud. 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. To compete in todays game, organizations must have the cloud play a role in their strategy. You can tell that an article is fact checked with the Facts checked by symbol, and you can also see whichCloudwards.netteam member personally verified the facts within the article. Cloud computing platforms include everything from cloud storage to streaming content. Plus, Linux also has 62 percent of the embedded market share, and 99 percent of the supercomputer market share. Even if we disregard these, current cloud computing stats speak volumes about the state of cloud computing and where its headed. It is critical to disrupt your market without interrupting your business during the migration.26, Cloud, security, and COVID-19. The key measure for measuring the environmental intensiveness of cloud computing is power usage effectiveness (PUE), in which great strides have been made. The combined Public Cloud IaaS and PaaS market is forecast to grow to $400 billion in 2025 with a compound annual growth rate (CAGR) of 28.8% during the 2021-2025 forecast period. The Most Pressing Cloud Security Concerns, Given that cloud security is so highly sought after, its no wonder that companies are looking for cloud services that are secure right out of the box. By 2020, the percentage of workloads in the cloud is expected to be 83%, the latest cloud computing statistics reveal. Your email address will not be published. . 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 . Azure (80 percent running workloads) was the only provider to increase their adoption rate YoY. What is your opinion on cloud computing? Gartner expects total worldwide end-user spending on public cloud services will reach a record $592 billion this year, a 21 percent increase from 2022. Profit from the additional features of your individual account. These servers host data that you can access via an internet connection. In, Cybersecurity Insiders, und Fortinet. In 2021, 63 percent of respondents expect to be running 41 percent or more of their workloads in public cloud, indicating that adoption of public cloud will only continue. Use Ask Statista Research Service, The source phrased the question as follows: "What percentage of your workloads are in the cloud today compared to how it will be in the next 12-18 months? Much of this data is stored on cloud file storage solutions, so to help you out with picking the safest ones, weve compiled a list of cloud storage services with the best security and privacy. In todays increasingly digital world, the way a business approaches its cloud computing strategy is paramount. The appropriately named Citadel is the largest data center ever constructed, and is located in Tahoe Reno, Nevada. 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. Copy a customized link that shows your highlighted text. In just the first four months of 2020, the value of completed data center acquisitions, at US$7.5 billion in only 28 deals, was greater than in all of 2019.13, Although cloud is growing rapidly overall, it serves multiple industries, many of which have cut spending sharply. An additional 20% are predicted to be private-cloud-based followed by another 22% running on hybrid cloud platforms by 2020. The mainframe has been and will continue to be a mission-critical . In recent years, this percentage has continued to increase. In 88 percent of cases, human error is to blame for cloud breaches, not cloud providers. Workloads can support more than one process. 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