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September: Cloud Computing
By
Mila
D'A
nton
io a
nd It
zuri
Bur
gos
The software cloud will continue to be
astronomical, achieving a 19.5% compound annual growth rate (CAGR) from 2011 to 2016
A jump from $13.5 billion to $32.8 billion.There will be an 11%
shift of IT budget away from traditional in-house
IT delivery, towardvarious versions of cloud
computing as a new delivery model. B
y 20
16
-Source: IDC
42%Of IT decision-makers are planning toincrease spending on cloud computing in 2015, with the greatest growth in enterprises with more
than 1,000 employees -Source: ComputerWorld
52%
Analysts Predict
Lift Offfor the Cloud
The public cloud will grow
more than 100% between 2015 and
2018, reaching $128 billion
-Source: IDC
28% Of the total cloud workloads will be
Infrastructure-as-a-Serviceworkloads, down from
44% in 2013.
Source: TechNavio
The cloud segment will
grow 21% between 2015 and 2016, attaining
$106 billion by that time. -Source: Forrester
Over the past couple of years
cloud computing has seen a big lift in adoption. Now cloud traffic
makes up a significant component of data center traffic, and as a result, the growth of
interconnected platforms and devices have also proliferated. A look ahead at the projected growth of the cloud looks like adoption will
continue at a compounded rate.