How Multicloud Benefits the Private and Public Sectors
According to the Internet Economy Foundation, to ensure diversity and innovation in the cloud computing market and increase cyber-attack resilience, the government needs to ensure free and fair competition.
Cloud IaaS Revenue will Reach $150.7 Billion in 2023
Enterprises are using cloud services for strategic benefits such as supporting digital transformation efforts rather than for tactical ones, like reducing IT infrastructure costs and the hardware or software maintenance burden.
Exploring the Quest for Hybrid Cloud Nirvana
“As we move further from today’s multicloud reality, enterprises will be increasingly closer to true ‘hybrid cloud nirvana’, whereby workloads run on the most efficient infrastructure that is a choice among many.”
via The New Stack
Private Cloud Computing Deployment Growth will Surge
According to the latest worldwide market study by IDC, vendor revenue from sales of IT infrastructure products for cloud computing environments — including public and private cloud — grew 28 percent year-over-year in the fourth quarter of 2018 (4Q18), reaching $16.8 billion.
Cloud Computing Adoption Soars to New Heights
“The cloud ride is accelerating, faster than we predicted only three short years ago. Cloud vendor innovation pace is off the charts, and revenue is soaring.” Expect the cloud market to top $230 billion, up from just over $100 billion in 2016.
via Forrester
Why Channel Partners Drive Hyperscale Cloud Growth
Canalys reports that hyperscale cloud infrastructure services are in a period of sustained growth, with spending up 46 percent in 2018 to more than $80 billion. Expenditure is also forecast to surpass $143 billion in 2020.
Why Hybrid Cloud is the Top IT Initiative in 2019
The top IT initiatives for 2019 were Cloud or Hybrid Computing (46%), Modernizing Infrastructure (38%), Data Governance (32%), Advanced or Predictive Analytics (25%). IT professions were split on top challenges, with 38% selecting the Skills and Staff Shortage.
Strategic Transformation via Multi-cloud Innovation
Of the 58% of global enterprises operating in the cloud, two-thirds already operate four-or-more different cloud stacks. If you’re not there yet, you soon will be — and you must treat multicloud as an operational reality, refining your ability to integrate and operate solutions.
via Forrester
Cloud Infrastructure Services Reached $70 Billion in 2018
Most cloud providers have now released their earnings data for Q4 2018, Synergy estimates that quarterly cloud infrastructure service revenues (including IaaS, PaaS and hosted private cloud services) were ~$20 billion, giving a full-year total of ~$70 billion.
Hybrid Multi-Cloud Computing Investment Trends
As more enterprise CIOs and CTOs embrace hybrid multi-cloud deployment strategies, business technology vendors and cloud service providers must continue to evolve their go-to-market approach — in recognition of the prevailing IT infrastructure investment trends.
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