{"id":2771,"date":"2012-02-15T07:00:50","date_gmt":"2012-02-15T15:00:50","guid":{"rendered":"http:\/\/www.formtek.com\/blog\/?p=2771"},"modified":"2012-02-15T07:00:50","modified_gmt":"2012-02-15T15:00:50","slug":"cloud-computing-how-long-can-the-hype-continue","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/cloud-computing-how-long-can-the-hype-continue\/","title":{"rendered":"Cloud Computing: How Long Can the Hype Continue?"},"content":{"rendered":"
Much of the talk at the start of a new year focuses on trends expected to happen during the upcoming 12 months.\u00a0But let’s consider what’s happened over the last 12 months in the cloud computing landscape.<\/div>\n
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There were definitely big predictions for cloud computing coming into the year. \u00a0Going into 2011, Forrester ranked Cloud Computing <\/a>as one of the top five ‘high-impact’ technologies for the year. \u00a0And Gartner similarly ranked cloud computing<\/a> as the expected number one top strategic technology for 2011. \u00a0Forrester considers cloud computing to include any IT technology<\/a> that is an operational expenditure rather than a capital expenditure.<\/div>\n
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In April 2011,\u00a0Forrester predicted global cloud computing to reach $40.7 billion<\/a> by the end of 2011, and to ultimately grow to $241 billion by 2020. \u00a0IDC, using a more restrictive definition of what cloud computing is<\/a>, estimated significantly lower numbers, with cloud computing growing rapidly at an\u00a0annual\u00a0compound\u00a0growth rate of 22.4%, reaching $3.6 billion by 2015.<\/div>\n
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In September 2011, a KPGM survey<\/a> and a second survey by\u00a0Symantec <\/a>both found similar results. \u00a0About 10 percent of those surveyed had no interest in the cloud, 20 percent were currently evaluating the cloud, 50 percent had partial cloud implementations or pilots, and 20 percent considered themselves to be full cloud computing adopters.<\/div>\n
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Tudor Aw<\/a> of KPGM, said that\u00a0\u201cCloud adoption is quickly shifting from a competitive advantage to an operational necessity, enabling innovation that can create new business models and will impact the long-term growth opportunities and competitiveness of businesses.\u201d<\/div>\n
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For 2012, Forrester still has the cloud listed among the top four technology trends<\/a>, although they expect the hype to begin to die down. \u00a0The cloud also remains in Gartner’s top ten strategic technologies for 2012<\/a>.<\/div>\n
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But is Cloud Computing living up to the hype? \u00a0Early indications are that it is.<\/div>\n
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At the start of 2012, a new Information Age survey<\/a> found that\u00a049 percent of organisations have adopted some form of SaaS, and 14% expect to sign onto SaaS later in the year. \u00a0 31.5 percent are using IaaS or PaaS technologies with 17.5 percent expecting to start using them later in the year. \u00a0 And 35.5 percent of organizations are using private clouds with 23.5 percent expecting to do so in 2012.<\/div>\n
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A survey of CIO’s in the UK <\/a>asked what technologies most positively affected them in 2011. \u00a0More than 70 percent of the respondents ranked cloud computing and virtualization technologies at the\u00a0top of their lists, while only 13 percent ranked mobile technology. \u00a0And when only smaller companies, \u00a0those with 1000 to 3000 employees, were considered, 76 percent ranked cloud computing the highest.<\/div>\n
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John Thornhill<\/a>, CEO of the company which sponsored the survey, commented that \u201cThe industry has been talking about cloud computing for a number of years \u2013 and it’s become a business, rather than just a technology term \u2013 but companies are now using it in earnest.\u201d<\/div>\n
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Much of the talk at the start of a new year focuses on trends expected to happen during the upcoming 12 months.\u00a0But let’s consider what’s happened over the last 12 months in the cloud computing landscape.   There were definitely…<\/span><\/p>\n

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