Access and Feeds
blog-alfresco

The most popular and comprehensive Open Source ECM platform

Let us know more

Cloud Computing: Rise in Cloud IT Spending Prove that CIOs Believe in the Cloud

Home › Cloud Computing: Rise in Cloud IT Spending Prove that CIOs Believe in the Cloud

By Dick Weisinger

CIOs are spending a lot on Enterprise IT, near record highs, according to a study by Goldman Sachs.

What are they spending their dollars on?  Security ranks number one.  Followed by SaaS, Business Intelligence and Analytics, and the public cloud.

Currently 18 percent of business workloads are now in in the cloud, and by the end of 2019, 34 percent of workloads are expected to be in the cloud.  Microsoft, Amazon and Google are doing very well in this environment.  Traditionally strong technology companies like Oracle, SAP and Teradata are slipping.

A Goldman Sachs analyst said that “while we remain bullish on the overall public cloud opportunity, we see an increasing number of companies confronting the realities and challenges of migrating workloads and re-platforming apps. As enterprises come to the conclusion that their IT paradigm will likely be hybrid for longer than anticipated, this dynamic continues to benefit on-premise spending.”

Digg This
Reddit This
Stumble Now!
Buzz This
Vote on DZone
Share on Facebook
Bookmark this on Delicious
Kick It on DotNetKicks.com
Shout it
Share on LinkedIn
Bookmark this on Technorati
Post on Twitter
Google Buzz (aka. Google Reader)
September 14th, 2018
Category: Cloud Computing
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

*

  • Legal Terms & Disclaimers

    This blog site is accessed from the website of Formtek, Inc. All visitors to or users of this blog site are subject to the terms and conditions and privacy policy that govern the Formtek website, links for which are provided above.

    Some of the individuals posting to this blog site, including the moderators, work for Formtek. Postings by these individuals are the personal opinions of these individuals, not of Formtek. Their posted content is provided for informational purposes only and is not meant to be an endorsement or representation by Formtek or any other party. Postings to this blog site may be outdated, invalid or inaccurate by the time you read them. Individuals posting to this blog site make no statements, representations or warranties as to the timing, validity, accuracy or reliability of their postings.

    This blog site may contain links to third party sites. Access to any third party site linked to this blog site is at your own risk. None of Formtek, the blog site moderator(s) and the individuals posting on this blog site that work for Formtek is responsible for the timing, validity, accuracy or reliability of any information, data, opinions, advice or statements made on these third party sites. These links are provided merely as a convenience and do not imply any endorsement.

    Postings to this blog site are available to the public. You should not post, link to or otherwise upload any information considered confidential to this blog site. All postings to this blog site are moderated. Postings will appear if and when they are approved by the moderator. Notwithstanding any approval by the moderator, by posting information to this blog site, you agree to be solely responsible for the information you post, link to, or otherwise upload to the blog site. You agree to release Formtek from any liability related to that information or to your use of the blog site. You grant Formtek a worldwide, perpetual, irrevocable, royalty-free, fully-paid, and transferable (including rights to sublicense) right to exercise all copyright, publicity, and moral rights with respect to any information you post, link to or otherwise upload to this blog site.

    • © Copyright 2003-2026   Formtek, Inc.