The most popular and comprehensive Open Source ECM platform
Let us know more
Cloud Computing: A Huge Market Poised to Become ‘Huger’
Statistics. You can’t always trust the numbers which can be twisted to prove whatever you like. What about cloud statistics? Most statistics in headlines hype the exponential speed at which businesses are moving their IT workloads to the cloud:
- 88 percent or businesses have moved at least one application to the cloud — O’Reilly
- 83 percent of enterprise workflows are in the cloud — Logic Monitor
While the stats are impressive, the hype makes it sound like the cloud is reaching a saturation point soon and cloud growth rates may begin to stagnate. But that’s not really the case.
Nicholas Dimotakis, Vice President at Canonical said that “while cloud computing is becoming ever-more common in enterprise IT, what the hype leaves out is that most companies are still relatively early in the adoption cycle. In fact, I’d roughly estimate that among the organizations I work with, 60% are in the cloud laggard category, a paltry 10% are innovators, and the remaining 30% are somewhere in between. I think it’s interesting and important to understand the true state of cloud uptake around the world because it shows that the market, as huge as it’s become, still has a lot of room to grow.”
Blake Murray, analyst at Canalys, said that “I think that cloud services are maybe — to steal the term — like a ‘new normal’ for business. The growth will continue. There doesn’t seem to be anything that would change minds, especially if the economy stabilizes more. People will pour more investment into digital transformation.”
