In just the past few years, it has become evident that the topic of cloud computing has shifted from a potential game changer to an essential ingredient of modern IT. For those moving down the path of business transformation, the cloud is the primary driver. The International Data Corporation estimates the public cloud market to grow at 23% CAGR through 2018, and they estimate that worldwide spending on hosted private cloud services will exceed $24 billion by 2016. If your organization is not implementing the cloud, you’re already behind.
Just the Beginning
Even though adoption rates are high, there is still a lot of confusion related to cloud computing. 28% of survey respondents did not know whether their business used a private or public cloud model, which demonstrates the confusion over terminology or lack thereof. Previous eras of IT have lasted for over 20 years; so, after five years, the era of cloud computing is just getting started. CompTIA predicts the next decade will see cloud computing becoming even more accepted as a foundational building block.
After these initial five years of cloud computing, the industry is no longer talking generally about the cloud market. Many companies are considering public cloud, private cloud, and hybrid cloud options. Software as a Service, Infrastructure as a Service, and Platform as a Service change the way that businesses buy IT goods and services.
With many businesses shifting their computing infrastructure to the Cloud, companies continue to take advantage of the flexibility and simpler way of managing their applications and data. If your organization needs guidance learning more about the cloud, contact your trusted IT advisor today.