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Cloud Computing: Becoming the Norm Rather than the Exception
Cloud computing is gradually becoming the norm rather than the exception across most workplaces.
The results of IDG’s 2020 Cloud Computing Study found:
- Only 8 percent of businesses say that they host all applications on-premise with nothing running in the cloud.
- 59 percent say that most or all of their applications will be running in the cloud in 18 months
- Organizations now average spending nearly one-third of their IT budget on the cloud.
- Two-third of organizations say that they’ve introduced staff positions with titles like ‘cloud architect’, and ‘cloud system administrator’.
- Projected cloud spending for 2020 is 59 percent higher than spending in 2018
Luc Grimond, a managing director at BCG, said that “one of the main benefits of cloud computing is access to innovation and agility. Cloud investments will have longer-term benefits, such as risk reduction, the ability to provide new and better services to business stakeholders, and improved personalization of product and service offerings.”