{"id":6511,"date":"2016-08-01T07:00:29","date_gmt":"2016-08-01T15:00:29","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=6511"},"modified":"2016-06-22T07:49:01","modified_gmt":"2016-06-22T15:49:01","slug":"cloud-computing-50-percent-growth-in-first-quarter","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/cloud-computing-50-percent-growth-in-first-quarter\/","title":{"rendered":"Cloud Computing: 50 Percent Growth in First Quarter"},"content":{"rendered":"

The cloud computing market grew at a breakneck rate of 50 percent during the first quarter of 2016. \u00a0In just those three months, $7 billion was spent on cloud services, according to a report by Synergy research<\/a>.<\/p>\n

John Dinsdale<\/a>, Synergy’s chief analyst, said that<\/a> “this is a market that is so big and is growing so rapidly that companies can be growing by 10-30% per year and might feel good about themselves and yet they’d still be losing market share.”<\/p>\n

Results of another report, the\u00a0HyTrust survey of the state of the cloud, a survey\u00a0<\/a>of 500 US and UK IT professionals found that:<\/p>\n