Companies are increasingly turning to private and hybrid clouds
The cloud market shows no signs of slowing down, with 90% of enterprises planning to maintain or boost spending on cloud computing this year, according to a survey from Washington, D.C.-based research firm Clutch.
The majority of enterprises in the U.S. said they would increase cloud spending in 2016, with 42% eyeing increases of between 11% and 30% and 14% looking to boost cloud spending by 31% to 50%. Another 7% plan to increase spending by more than 50%.
Those increases are consistent with numbers from 2015, according to Alex Miller, an analyst with Clutch.
“Businesses are continuing to expand into cloud services and operations,” Miller told Computerworld. “More and more companies are either moving to the cloud or moving more operations to it. I think this will be a big year for the cloud and that should be the same for 2017.”
Clutch isn’t alone in showing that the cloud market remains strong.
Worldwide spending on public cloud services alone are expected to grow at a 19.4% compound annual growth rate, according to a January report from analyst firm IDC. The report has the public cloud market rising from nearly $70 billion in 2015 to more than $141 billion in 2019.
That’s nearly six times the growth rate of overall IT spending, IDC noted.
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SOURCE: Computer World
Sharon Gaudin
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