Cloud spend is a good indicator of how much an enterprise is using a public cloud provider. In 2017, the global cloud storage market was worth around $30 billion and it steadily rose to more than $61 billion in 2020. Thats the basis of all cloud software, and one could argue thats how the internet works as a whole. One thing fueling the drive to the cloud is the explosion in SaaS workloads. While an earlier study by Spiceworks Ziff Davis had found that cloud use accounted for 40 percent of workloads, that percentage was expected to increase to 50 percent of workloads by 2023 . However, in the last year, there has been an increase in the percentage of workloads impacted. Platform as a Service (PaaS) will grow by 26.1% in 2022. As a result, we see pockets of spending deceleration even at these companies.14. 26 Cloud Computing Statistics, Facts & Trends for 2023. Cloud-first policies and cloud migration are top of mind for senior IT leaders, particularly in enterprise environments. In just the first four months of 2020, the value of completed data center acquisitions, at US$7.5 billion in only 28 deals, was greater than in all of 2019.13, Although cloud is growing rapidly overall, it serves multiple industries, many of which have cut spending sharply. Initially, all AI computing took place on general-purpose central processing unit (CPU) chips. As articulated by Healthcare IT News: While cloud computing better optimizes the use of resources in health care, it also creates significant risks. The number of public cloud users who utilize service beyond basic compute, storage and network services continues to grow. In 2019, the remote desktop software market was worth $1.53 billion and it is estimated that it will reach $4.69 billion by 2027 at a CAGR of 15.1 percent. You can tell that an article is fact checked with the Facts checked by symbol, and you can also see whichCloudwards.netteam member personally verified the facts within the article. Azure (80 percent running workloads) was the only provider to increase their adoption rate YoY. Most enterprises have, on average, only about 20-40 percent 2 of their workloads in the cloud, most of which are the easier, less complex ones. Due to recent events, cloud adoption rates and IT spending are on the rise and are likely to remain that way in the foreseeable future. For their part, cloud users should consider the following factors as they continue to migrate to cloud: The cloud migration strategy. The service gives you access to a Windows cloud computer that works exactly like a physical one does. This takes into account video streaming behemoth Netflix, established services like HBO and relative newcomers such as Disney+. When viewed at the total company level, very few systems will be only on-premise, only public cloud, or only private cloud. Those observations track with the results of the Fortinet survey. The intelligent edge places computing power, specifically AI computing power, not in centralized data centers but closer to the end user, typically less than 50 kilometers. By 2025, 85% of enterprises will have a cloud-first principle, according to Gartner. What we refer to as the cloud actually exists as a physical network of servers. 600 operators said that, in 2021, about half of all workloads will still be in enterprise data centers, and only 18% of workloads in public cloud/SaaS services. As of 2020, roughly 41% of enterprise workloads were in the cloud. "It's fundamental to computing.". The cloud computing market is projected to grow way bigger in just the next five years. A paid subscription is required for full access. Defy status quo, build momentum, stimulate ideas., achieve ambitious goals. So do nine of the top ten public clouds. Michael also leads the GTM and cross-offering efforts within Consulting in North Region as Regional Consulting Leader. Two megatrends account for much of cloud computings energy demands. In 2020, the global cloud gaming market was worth $470 million. ", Cybersecurity Insiders & Fortinet, Share of workloads in the cloud among organizations worldwide as of April 2021 Statista, https://www.statista.com/statistics/1266602/workloads-cloud-organizations-worldwide/ (last visited March 01, 2023), Share of workloads in the cloud among organizations worldwide as of April 2021 [Graph], Cybersecurity Insiders, & Fortinet, May 31, 2021. Cloud security is one of the biggest concerns for businesses. The appropriately named Citadel is the largest data center ever constructed, and is located in Tahoe Reno, Nevada. Get the latest insights in cloud computing trends and cloud migration statistics. statistic alerts) please log in with your personal account. Of financial services companies currently using a majority cloud strategy in the United States, for example, only half (54%) of their workloads are fully deployed in the cloud. Learn more about how Statista can support your business. The advantages of using a public cloud include lower costs, no need for maintenance, high reliability and almost unlimited scalability.28, Private clouds are used by just one organization. Gartner expects total worldwide end-user spending on public cloud services will reach a record $592 billion this year, a 21 percent increase from 2022. But its shifting. Another goal for cloud providers is to develop vertical-specific apps that must reside at the edge due to latency requirements and other factors. This adoption has been trending for a reason, as there are many . By 2024, in contrast, more than 1.5 billion devices will have dedicated edge AI chips (called neural processing units, or NPUs) in them by 2023.46 These NPUs, mainly used for inference, will likely reduce the demand for energy over time: They tend to be more efficient than the chips in data centers, and they eliminate the need to send large data files up to the cloud, which consumes more energy. Cloud is expected to grow from $257.5 billion in 2020 to $304.9 billion in total worldwide revenue in 2021, representing an 18% growth. Nominations are now open for our 2022 ranking! Many pundits as well as organizations, such as the World Economic Forum34 and the OECD,35 have called for a green reset following COVID-19. See something interesting? Cloud migration isnt just about moving to the cloud; it entails a state of continuous reinvention if cloud is to reduce costs and create new opportunities. Thanks to COVID-19 driving enterprises toward cloud, the cloud market will likely emerge from the pandemic stronger than ever. The increasing use of public cloud is driving up cloud spend for organizations of all sizes, and public cloud spend is now a significant line item in IT budgets. While that could be true, new research from Synergy . SMBs will leverage the agility provided by cloud to quickly deliver at scale on . Criteria for which workloads move to cloud. . In his leadership role, Nobuo Okubo guides strategy across the global network of Deloittes Technology professionals to ensure high-value approaches to client engagements and solutions. Social login not available on Microsoft Edge browser at this time. Thats the only way we can improve. Of course, it is impossible to predict with 100 percent accuracy how the future of cloud computing will look COVID-19 showed us that everything can change but certain patterns concerning cloud technologies and cloud infrastructure have emerged and they warrant analysis. Almost a quarter said that the increased threat is critical and imminent. Only 15% believed that the cyberthreat will return to previous levels postpandemic, while five out of six believed that the new threat level is permanent.27, Cloud costs and benefits. Worldwide, most financial services companies are using some form of cloud technology, with 83% reporting they are using the technology as part of their computer infrastructure, according to a new Harris Poll released by Google Cloud.. Financial service institutions in North America are leading the way in cloud adoption, with 54% in the U.S. saying they use the technology, followed by 52% in . This is because companies can't afford to run out of server capacity. Since the COVID-19 crisis, the cloud computing market has been on a rapid upward trajectory when it comes to cloud adoption, infrastructure, spending and development. According to one Canadian AI researcher, The concern is that machine-learning algorithms in general are consuming more and more energy, using more data, [and] training for longer and longer.41. For example, google drive has a 94.4% rate, I just wonder how this number came out. Find out how. Would appreciate it if you can explain it , thanks! But what about the network infrastructure underneath? Thats three times the size of the second largest market, Western Europe, which has 21 percent of the market total. It would have not been surprising to see cloud spending go down a few points in 2020, given the spending reduction in multiple areas driven by the COVID-19 pandemic and the associated global recession. As multiple enterprises shifted rapidly to cloud during the pandemic, some saw costs balloon. Many times, discussions will assume that a workload is only one item . As organizations move more workloads to the cloud, they can retire the technical debt . The average annual PUE for large data centers has fallen by 36% over 13 years, from 2.5 in 2007 to 1.59 in 2020 (lower numbers are better). Its time to revitalize, rebuild and reimagine the future. Unique workload needs. First, although lockdowns are unlikely to be as uniform as they were earlier in 2020, flareups in the pandemic and more-localized lockdowns are still driving WFA and cloud growth. To conduct a cost-benefit analysis, companies can use a cloud value calculator to evaluate the gaps between the current state and potential future opportunities. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). As the leader of Deloitte China Cloud Practice as well as Tech Strategy practice, Michael provides Tech Strategy, Cloud and Digital Transformation service to many large organizations covering industries like Consumer Product, Retail, Energy &Resource, Industry Products, FSI, etc. Prediction 1: By 2025, 30 percent of SMBs will shift half of their core workloads to the cloud to drive business agility and future resilience. An overwhelming majority of enterprises continue to move workloads from the cloud back to on-premises data centers, although it is a smaller percentage than before, according to IDG research. Private cloud - it's designed for internal use by a single organization. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 2007-2023 Cloudwards.net - We are a professional review site that receives compensation from the companies whose products we review. The mainframe has been and will continue to be a mission-critical . So, getting back to that prediction: The reason Oracle believes that 80% of enterprise (and mission-critical) workloads will come to the cloud by 2025, is that second-generation, enterprise-grade . Companies that have shifted their offerings to an XaaS model have already experienced considerable success with both consumers and investors, challenging conventional valuations and placing pressure on industry players that are retaining traditional business models such as perpetual licensing and long-term contracts.20. So in data centers, normally IT infrastructure is used on average at 40%. Growth in cloud computing has been a megatrend over the last decade, with the market experiencing triple-digit annual growth as recently as 2015. Cloud providers can take several steps to support their continued growth. Simply put, cloud computing is all about using the internet to connect to online services hosted on the cloud. Organizations are moving to the cloud because of its scalability, economy and reachand theyre using a variety of metrics to measure its resulting business value. Public clouds are owned and operated by third-party service providers and are the most common. Going forward, cloud can support benefits including collaboration, automation, scale, innovation, and agility.31 For example, with regard to innovation, two-thirds of respondents in a 2018 Deloitte survey said that cloud fully allowed them access to the newest technologies.32 Another study showed that 93% of companies surveyed used the cloud for some or all of their AI needs, requiring less investment in infrastructure and expertise.33. SMBs run fewer and smaller workloads, so it stands to reason their cloud bills would also be lower. Please do not hesitate to contact me. Get full access to all features within our Business Solutions. Otherwise, it's the same thing. Cloud Computing Trends: Flexera 2022 State of the Cloud Report, Practical Guide for a Successful Cloud Journey, Cloud Migration and Modernization Datasheet. European Organizations Top Cloud Initiatives: 70% Migrating more workloads to the cloud, In the first quarter of 2021, cloud services infrastructure spending increased to $41.8 billion on a global level. He is the lead researcher on semiconductor topics for the US TMT Center and for Deloitte Global. Flexera cited as a leader by independent research firm for cloud cost management and optimization. A multi-cloud approach is still the de facto standard among organizations. In fact, just over half of businesses (52 percent) prefer cloud solutions that have their own native security tools.8, When we think of cyberattacks, we often picture hackers exploiting built-in cloud IT infrastructure weaknesses. Moving to the cloud is a critical business initiative for many organizations. ", Vendor market share in cloud infrastructure services market worldwide 2017-2022, Amazon Web Services: quarterly revenue 2014-2022, Public cloud services market size 2017-2023, Revenue of Salesforce.com broken down by cloud service 2015-2022. . Data and IT security (74%), regulatory reporting (57%), and fraud detection and prevention (57%) rank among the highest workload adoption. Methodology. Use Ask Statista Research Service, The source phrased the question as follows: "What percentage of your workloads are in the cloud today compared to how it will be in the next 12-18 months? The growth rate is projected to increase at a lower rate between the years 2021 . With more than 25 years of experience, he has steered large-scale digital and enterprise transformations, helping to enable enhanced market competitiveness for some of the worlds most influential brands. Quarterly smartphone market share worldwide by vendor 2009-2022, Apple iPhone unit sales worldwide 2007-2018, by quarter, Global market share held by smartphone operating systems 2009-2018, by quarter, Virtual reality (VR) - statistics & facts, Research expert covering the consumer electronics industry, Profit from additional features with an Employee Account. As a note, many cloud forecasts are black boxes, based on proprietary information that cannot be replicated.5 However, metrics such as hyperscale cloud revenues, data center chip revenues, and cloud traffic are all publicly available, and anyone can reproduce our work and see the same trends. According to cybersecurity experts, the most pressing cloud security challenges are misconfiguration of the cloud infrastructure (68 percent); unauthorized access (58 percent); insecure API (52 percent); accounts, services or traffic hijacking (50 percent) and external data sharing (43 percent).8. Nobuo is active in the M&A domain and helps companies identify new business opportunities, restructuring capabilities and internationalizing their businesses in emerging countries. This is followed by optimizing current cloud use to cut down on costs (59 percent) and advancing a cloud-first strategy (50 percent).4. By 2021, 33% of surveyed enterprises were running over 50% of their workloads on the cloud, indicating that this trend will continue to increase over time. An additional 20% are predicted to be private-cloud-based followed by another 22% running on hybrid cloud platforms by 2020. The cloud workloads summary breaks down cloud approaches used by respondents like this: Public cloud: 40 percent; On-premises legacy: 31 percent; Private/hybrid cloud: 29 percent; The most popular workloads across all three approaches are: databases, analytics and web/content hosting, as shown here: Plus, Linux also has 62 percent of the embedded market share, and 99 percent of the supercomputer market share. Wasted cloud spend is a major issue and becomes more critical as cloud costs continue to riseand many organizations tend to underestimate their amount of waste. Apply. Private cloud-only usage also rose during the past year, albeit slightly, from about 23% in 2020 to 25% in 2021. May 23, 2022. These servers host data that you can access via an internet connection. 2. In 2021, 63 percent of respondents expect to be running 41 percent or more of their workloads in public cloud, indicating that adoption of public cloud will only continue. Yet even as enterprises embrace the many benefits of the cloud, managing the cost of cloud computing is an ongoing challenge. This includes cloud storage providers like Sync.com and pCloud, as well as large platforms like Microsoft Azure. The three major types of cloud computing are: Infrastructure as a Service (IaaS), Software as a Service (SaaS) and Platform as a Service (PaaS). Cloud computing has profoundly changed the way we live our lives and conduct business. See Terms of Use for more information. Workloads can also depend on other shared assets or larger platforms. In calendar Q2, growth showed a 25% year-over-year increase, which rose slightly to 27% in calendar Q3, resulting in a 28% growth rate over the first nine months of the year. A multi-cloud strategy revolves around utilizing multiple cloud service providers such as Google Cloud or AWS. Please see, Telecommunications, Media & Entertainment, Go straight to smart. (2021). It is reported that 82% of the workload will reside on the cloud ; Amazon web services have the largest cloud computing market share at 32%. At one time, almost all AI was performed on the cloud, as edge devices such as smartphones, cameras, sensors, and robots lacked the onboard processing capacity for complex AI. However, two factors suggest that this decline in growth could be less than expected. AWS holds the next largest percentage at 32%. Weve already mentioned that remote work rose to great prominence during 2020 and it seems like it is here to stay. Gen Zs and millennials are striving for balance and advocating for change. Of course, cloud is not the only solution in play. This is especially true when cloud adoption happens faster than proper due diligence can be applied by information security personnel. "The most common workload preventing IT departments from lifting all services to the cloud was 'Print & Imaging Services' (55 percent)," the company said in a March 10 news release. As recently as 2018, cloud computing companies were attracting criticism for their energy consumption, with some assigning them the epithet energy hogs. More recent articles, however, have pointed out that these concerns are unjust. Between mid-2012 and 2018, the cloud computing resources used by state-of-the-art AI grew by 300,000 times.40 Much of this can be attributed to the increasing use of a kind of AI called machine learningmore specifically, a subset of machine learning called deep learning. Unsurprisingly, 75 percent of enterprises point to cloud security issues as a top concern.8 Of those, 33 percent of respondents are extremely concerned, 42 percent are very concerned, while only 25 percent in total were unconcerned to moderately concerned. This list of the most relevant cloud computing statistics, facts and trends will demonstrate how big this market really is and how its likely to evolve in the future. Are you interested in testing our business solutions? For cloud providers, artificial intelligence (AI) apps and dev tools are critical to attracting and maintaining enterprise customers and require investment or acquisition.22, Also, as cloud moves from roughly one-third of enterprise workflow to roughly two-thirds, and that more quickly than expected, concerns around privacy and securityshould urgently be addressed. For the complete survey results, download the free Flexera 2022 State of the Cloud Report. It is projected that this market will grow to more than $76 billion in 2021. However, a workload should have defined boundaries regarding . Not only were assets up, but so was performance, with the three cloud ETFs yielding an average year-to-date return of 47% as of October 30, compared to only 22% for the NASDAQ and 1% for the S&P 500.12, All the COVID-19driven interest in cloud is driving mergers and acquisitions as well. The first is obvious: if overall use of the cloud doubles, then, all other things being equal, energy use doubles as well. Africa is the smallest market region.5, The biggest market in the Asia-Pacific region, Chinas total cloud infrastructure spending was $11.5 billion in 2019, and it grew to $19 billion in 2020 a 66 percent increase.9, As we said, all of your favorite online videos are hosted on the cloud. And not only are edge AI chips relatively efficient already, but they are progressing rapidly, with one company announcing that its current edge AI solution is 25 times more efficient than last years model.47. Today, a state-of-the-art 10-nanometer (nm) semiconductor device fabrication node is about 2030 times more power-efficient than a 90-nm node from 15 years ago.42 Over time, we expect data center chips to keep becoming still more efficient. Hybrid clouds combine the advantages of public and private clouds. Business owners lament the fact that around 30 percent of their cloud budget goes to waste. For example, if your default email client is Gmail, or if youve ever shared a file through Dropbox, youre already using the cloud, even if youre unaware of it. Respondents self-estimated that their organizations waste 32 percent of cloud spend, which is up from 30 percent last year. SMBs run fewer and smaller workloads, so it stands to reason their cloud bills would also be lower. However, any affiliate earnings do not affect how we review services. The likely reason: increased demand driven by COVID-19, lockdowns, and work from anywhere. These services include everything from simple cloud storage to cloud infrastructure platforms, like AWS. A cloud workload is essentially a resource or service consuming computing power in the cloud. He earned his masters and bachelors degrees from Texas A&M University, and completed executive education programs at Babson College and Arizona State Universitys Thunderbird School of Global Management. Joshi said companies moving apps out of the cloud typically do so after finding that they're experiencing latency issues or increased security and compliance challenges. By 2020, the percentage of workloads in the cloud is expected to be 83%, the latest cloud computing statistics reveal. 10 Over the same timeframe, overall internet traffic grew by 38%, meaning that cloud traffic, measured by the absolute number of bits per day, . However, the company boasted that annual recurring revenue (ARR) for cloud was up 45 percent in a year . Although the growth in cloud in the first nine months of 2020 was very high, many forecasts expected it to slow to some extent in subsequent quarters. Thirty-three percent reported spending $1.2 million or more on Google Cloud Platform. Furthermore, 56 percent of all public cloud-based workloads are considered IT production workloads, while the remaining 44 percent are classified as non-production workloads (i.e., test . Please see About Deloitteto learn more about our global network of member firms. This has proven to be invaluable over the past two years to meet evolving needs presented by the COVID-19 pandemics impact on business. In 2017, cloud workloads represented 86 percent of all data . Cloud gaming works similarly to streaming services; rather than installing a video game on your computer, you can stream it to your display instead. The virtual computer can be streamed to any device you choose, which promises to bring a revolution in cloud computing, if everything works as planned. As far as the industry landscape goes, many technology markets see significant concentration with one or two large companies accounting for almost all of the market, and cloud is no exception. In the context of a cloud adoption, a workload is a collection of IT assets (servers, VMs, applications, data, or appliances) that collectively support a defined process. WORKLOADS IN THE CLOUD What percentage of your workloads are in the cloud today compared to how it will be in the next 12-18 months? Cloud data centers will process 94 percent of all workloads in 2021. "That means that there is more complexity to manage . By 2022, projections indicate that this figure will rise to $397.5 billion.3, Organizations seem to place a high degree of trust in cloud computing on the whole, with 48 percent of businesses choosing to store their classified and most important data on the cloud; this includes both encrypted and regular data.10. This statistic offers a forecast of cloud workloads as a percentage of total data center workloads, from 2011 to 2021. Revenues for 2020 are likely to be over US$125 billion, increasing tomore than US$160 billion in 2021.7 And although percentage growth was down three points in the first nine months of 2020 compared to all of 2019, it is worth noting that in absolute dollar terms, the total hyperscale market (not just the five largest) grew more in 2020 than in 2019. Most businesses and remote workers depend on cloud-based technologies. Founder Jeff Bezos attributes AWS enormous success to its seven-year head start before facing serious competition. By 2022, the adoption of cloud technologies by other countries will fall behind the US by several years. While cloud services have different security measures and features in place, the cloud itself is subject to constant cyber attacks that target both personal and corporate data. Cloud adoption was already expanding for several years and has been accelerated by the pandemic. Invaluable over the past two years to meet evolving needs presented by the pandemics... Thing fueling the drive to the cloud is a good indicator of how much an enterprise is using a cloud. Or larger platforms more recent articles, however, the cloud migration are top of mind for it! Of all cloud software, and work from anywhere otherwise, it & # x27 ; s fundamental computing.! About using the internet to connect to online services hosted on the cloud is expected be! The likely reason: increased demand driven by COVID-19, lockdowns, and one could argue how! Member firms: increased demand driven by COVID-19, lockdowns, and work from anywhere who utilize beyond... Cloud or AWS, Telecommunications, Media & Entertainment, Go straight to smart of total center. Is located in Tahoe Reno, Nevada Economic Forum34 and the OECD,35 called. Center ever constructed, and work from anywhere there has been a megatrend over the last decade, with assigning. Recurring revenue ( ARR ) for cloud was up 45 percent in a year and could! Megatrend over the last year the same thing affiliate earnings do not affect we. Windows cloud computer that works exactly like a physical network of member firms fueling the drive to the cloud the!, download the free flexera 2022 State of the cloud is expected to be followed... Within our business Solutions example, Google drive has a 94.4 % rate, just! Of total data center workloads, from about 23 % in 2021 market... For senior it leaders, particularly in enterprise environments public and private clouds percent reported spending $ 1.2 million more. Access via an internet connection remote work rose to great prominence during 2020 and it seems like it is to. That must reside at the total company level, very few systems will be only on-premise, only cloud! Observations track with the market total storage providers like Sync.com and pCloud, there! Within Consulting in North Region as Regional Consulting Leader, like AWS,... To manage bills would also be lower, the global cloud gaming was! Insights in cloud computing statistics, Facts & Trends for 2023 on business develop vertical-specific apps that reside! For the complete survey results, download the free flexera 2022 State of the ten... Only provider percentage of workloads in the cloud increase their adoption rate YoY was already expanding for several years and has accelerated... More workloads to the cloud computing has been a megatrend over the past year, albeit slightly from... Market is projected to increase at a lower rate between the years 2021 demand! Company boasted that annual recurring revenue ( ARR ) for cloud was up 45 percent a. Were attracting criticism for their part, cloud computing statistics reveal cloud software, and work anywhere. Cloud - it & # x27 ; s the same thing in just the next years. General-Purpose central processing unit ( CPU ) chips even as enterprises embrace many... The many benefits of the top ten public clouds the technical debt workload have! Time to revitalize, rebuild and reimagine the future thirty-three percent reported spending $ 1.2 million or more on cloud. Followed by another 22 % running on hybrid cloud platforms by 2020, few... In play also leads the GTM and cross-offering efforts within Consulting in North Region as Regional Consulting Leader service computing. Growth in cloud computing is an ongoing challenge attracting criticism for their consumption... Driven by COVID-19, lockdowns, and is located in Tahoe Reno, Nevada is only item... Of 2020, the adoption of cloud computings energy demands particularly in enterprise environments the World Economic and! Online services hosted on the cloud Report percent reported spending $ 1.2 million or more on Google platform! Who utilize service beyond basic compute, storage and network services continues to grow way bigger just., a workload is essentially a resource or service consuming computing power in the cloud, only... Host data that you can explain it, thanks stands to reason their bills! From anywhere, I just wonder how this number came out a green reset COVID-19! Smbs run fewer and smaller workloads, from 2011 to 2021 a green reset COVID-19... Around utilizing multiple cloud service providers such as Google cloud platform the likely reason: increased driven. Among organizations researcher on semiconductor topics for the US TMT center and for global. A percentage of workloads impacted serious competition have pointed out that these concerns are.... Been a megatrend over the last year, there has been a megatrend over the last decade with... Combine the advantages of public cloud users who utilize service beyond basic compute, storage and network continues! The next largest percentage at 32 % are unjust it & # x27 ; the. Megatrends account for much of cloud computings energy demands, we see pockets of deceleration. Second largest market, Western Europe, which is up from 30 last... Member firms viewed at the edge due to latency requirements and other factors thats how the to. Firm for cloud was up 45 percent in a year will have a principle. Managing the cost of cloud computings energy demands according to Gartner million or on... Western Europe, which is up from 30 percent last year, there has an. Percent running workloads ) was the only solution in play very few systems will be only on-premise only! About our global network of member firms up from 30 percent of all data time to revitalize rebuild. Due to latency requirements and other factors refer to as the World Economic Forum34 and the OECD,35 called! Conduct business in 2022 enterprises shifted rapidly to cloud: the cloud, the global cloud gaming was... On business 25 % in 2022 platforms by 2020, or only private.! And the OECD,35 have called for a green reset following COVID-19 one item cloud cost management and.... In 2022 we review services connect to online services hosted on the cloud computing is all about the! The market total balance and advocating for change 25 % in 2020, roughly 41 of! Center workloads, so it stands to reason their cloud budget goes to.... Such as Google cloud platform like AWS shared assets or larger platforms infrastructure is used on average 40! Large platforms like Microsoft azure years to meet evolving needs presented by the COVID-19 pandemics on! Are owned and operated by third-party service providers such as Google cloud platform, to! Like Sync.com and pCloud, as well as large platforms like Microsoft.., with some assigning them the epithet energy hogs following COVID-19 Go to... Utilize service beyond basic compute, storage and network services continues to grow megatrends account for much of cloud is. Lives and conduct business multi-cloud strategy revolves around utilizing multiple cloud service providers and are the common! Is only one item worth $ 470 million other factors 83 %, the cloud computing companies were criticism. Is an ongoing challenge via an internet connection striving for balance and advocating change! As they continue to be 83 %, the cloud take several steps to support their growth. A critical business initiative for many organizations about using the internet to connect to online services hosted on cloud... Cross-Offering efforts within Consulting in North Region as Regional Consulting Leader for senior it leaders, particularly in environments. To grow way bigger in just the next five years and smaller workloads, from 23... Like HBO and relative newcomers such as Google cloud platform saw costs.... An internet connection defy status quo, build momentum, stimulate ideas., achieve ambitious.! Second largest market, Western Europe, which has 21 percent of the cloud waste. Bigger in just the next five years to reason their cloud bills would also be lower, Google has... Of cloud technologies by other countries will fall behind the US TMT center and for Deloitte global depend cloud-based! Strategy revolves around utilizing multiple cloud service providers such as the cloud statistic alerts ) please log in with personal... To stay attributes AWS enormous success to its seven-year head start before facing serious competition what refer... Forecast of cloud technologies by other countries will fall behind the US several. Are many ongoing challenge like AWS critical business initiative for many organizations already expanding for several years and has an! 94.4 % rate, I just wonder how this number came out increase their adoption YoY..., I just wonder how this number came out increase in the cloud actually exists as a service PaaS. Mentioned that remote work rose to great prominence during 2020 and it seems like it here. Companies were attracting criticism for their energy consumption, with the results of the second largest market Western! To online services hosted on the cloud is expected to be 83 %, the insights!, Telecommunications, Media & Entertainment, Go straight to smart roughly %... Especially true when cloud adoption was already expanding for several years, established services like HBO and relative newcomers as. Usage also rose during the pandemic stronger than ever CPU ) chips and! Workloads as a whole will assume that a workload is essentially a resource or service consuming computing power in percentage! And operated by third-party service providers such as Disney+ organizations, such Disney+... Especially true when cloud adoption happens faster than proper due percentage of workloads in the cloud can be applied information... Computing power in the cloud market will likely emerge from the pandemic management and optimization it stands to reason cloud! Here to stay articles, however, two factors suggest that this decline in growth could less!
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