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Cloud Computing: Cloud Service Momentum Continues

By Dick Weisinger

Spending on Public Cloud services will reach $266 billion in 2020, up from $227 billion last year, according to research by Gartner.

Sid Nag, research vice president at Gartner , said that “at this point, cloud adoption is mainstream. The expectations of the outcomes associated with cloud investments, therefore, are also higher. Adoption of next-generation solutions are almost always ‘cloud-enhanced’ solutions, meaning they build on the strengths of a cloud platform to deliver digital business capabilities.”

Gartner predicts that the demand for Public Cloud services will continue to grow into the 2020’s. In 2021 revenues are expected to break $300 billion and reach $354 billion in 2022.

Nag said that “building, implementing and maturing cloud strategies will continue to be a top priority for years to come.”

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