The most popular and comprehensive Open Source ECM platform
The move of businesses to the cloud is occurring at a remarkable speed. While estimates of the true cloud market size are all over the map, everyone seems to agree that we’re talking about many billions of dollars. Forrester estimates that by 2020 the cloud will be $118 billion. Gartner estimates $241 by 2020, and Market Research Media will reach $270 billion for 2020. HP estimates that the market size could reach $143 billion this year.
John Treadway, vice president at Cloud Technology Partners, said that “Next year  has to be the year that enterprises get serious about having real cloud operations as part and parcel of their IT operations.”
Matt Murphy, a partner at Kleiner Perkins, said that “Companies’ comfort level and willingness to adopt the cloud is hitting an acceleration point. Now’s the most interesting time in the last 10 years to be investing in enterprise-based companies.”
But one of the last sticking points that need to be resolved for many businesses before making a broader transition is the question of security.
David Small, senior vice president and chief platform officer for Verizon Enterprise Solutions, said that “The race is on to protect every endpoint, every device and everything connected to the Internet. While the Internet affords us countless opportunity, it also comes with a price. No longer is strong security an option; it’s a mandatory requirement for all organizations to protect their intellectual and physical capital, customer identities and society at large.”
Gartner analysts Ruggero Contu, Lawrence Pingree, and Eric Ahlm, say that “Increased adoption of cloud-based computing is expected to impact the way security is consumed as well as how key government agencies will prioritize security of public cloud infrastructure.”