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Cloud Infrastructure: Remote Work Boosts Cloud Usage

By Dick Weisinger

The move towards remote work has pushed the demand for cloud services. Cloud infrastructure spending is expected to reach $70 billion this year and grow to $100 billion annually by 2024. 90 percent of organizations said that they plan to move all their computing workloads off-premise by 2022.

Cloud computing improves productivity, lowers costs and helps businesses improve revenues.

From: LearnBonds.com (data by IDC and Statista)

Kuba Stolarski, Research Director at IDC, said that “as enterprise IT budgets tighten through the year, the public cloud will see an increase in demand for services. This increase will come in part from the surge of work-from-home employees using online collaboration tools, but also from workload migration to the public cloud as enterprises seek ways to save money for the current year. Once the coast is clear of the coronavirus, we expect some of this new cloud service demand to remain sticky going forward.”

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