Because of this, 92 percent of organizations already have a multi-cloud strategy.4, Enterprises face many challenges, but three of the most prevalent issues include security (83 percent), managing cloud computing spending (82 percent) and governance (79 percent). With 34 percent, men are twice as likely to fall for phishing scams compared to women (17 percent).11. . Sixty-two percent of respondents use more than one cloud provider, and the diversity of production workloads (e.g. This momentum will continue as companies plan to increase their cloud adoption in the wake of COVID-19.. The ability to solve complex issues is critical. These services include everything from simple cloud storage to cloud infrastructure platforms, like AWS. On-premises data centers typically have fairly low server utilization rates. For complete survey results, download the Flexera 2022 State of the Cloud Report. Visit the cloud economics webpage today. Thats not all SaaS processes will account for 75 percent of the total workload. 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%. This shift is driven by the growing interest in leveraging containers to speed deployment, scale operations and increase the efficiency of workloads running in the cloud. 26 Cloud Computing Statistics, Facts & Trends for 2023. AWS holds the next largest percentage at 32%. As noted above, increases in cloud usage mean increases in the cyberattack surface, making security more important than everespecially given the growth in usage driven by COVID-19. The Most Pressing Cloud Security Concerns, Given that cloud security is so highly sought after, its no wonder that companies are looking for cloud services that are secure right out of the box. The bottom line: while cloud security is paramount for any organization regardless of size, proper employee training and strict security guidelines are just as important. Flexera One is a Digital Platform Conductorbut whats that? 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 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. Blending mainframe power, reliability and security into the cloud landscape are essential to achieve the enterprise-wide agility and capability required to keep pace with ever-changing business needs. Because theCloudwards.netteam is committed to delivering accurate content, we implemented an additional fact-checking step to our editorial process. Though chip spending and cloud revenues are not perfectly correlated, they are connected in the long run, with growth in chip revenues usually being a leading indicator: The chips need to be bought and installed in the data centers before the cloud revenues start flowing.9. It is critical to disrupt your market without interrupting your business during the migration.26, Cloud, security, and COVID-19. Second, in the longer term, the WFA forced experiment15 is being seen as a success by many workers and employers. But the company managed to double its public cloud revenue to $202 million for calendar 2021, although the majority of its business remained on-prem. Workloads can also depend on other shared assets or larger platforms. Tell us what you think in the comments below. IT Visibility, IT Asset Management, Cloud Management. to incorporate the statistic into your presentation at any time. Cloud Workloads. Traditional, non-cloud-enabled datacenter deployments were next, with 22% penetration . 3. Get the latest insights in cloud computing trends and cloud migration statistics by downloading the Flexera 2022 State of the Cloud Report. But as a post-pandemic world begins to take shape, new trends in cloud usage are beginning to take shape. 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. 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. Together, we can help you imagine, deliver, and run your business, wherever youcompete, using the latest technologies like cloud and cognitive, from strategy development through implementation. As organizations continue to spend more on public cloud, its easy to understand why FinOps is evolving and being adopted as a financial management discipline. We strive to eventually have every article on the site fact checked. Of course, cloud is not the only solution in play. If you are an admin, please authenticate by logging in again. The second most popular cloud storage service Dropbox has a huge following as well, with over 700 million reported users, according to its financial statements.24, In 2020, the total worth of the market was $371.4 billion. SMBs will leverage the agility provided by cloud to quickly deliver at scale on . The clouds importance cannot be overstated, and cloud technologies of all types and models will only become bigger and more essential in the years to come. A paid subscription is required for full access. Plus, all of your favorite online streaming content is hosted on cloud servers, whether its a Netflix series, your Spotify playlist or a YouTube channel. But what about the network infrastructure underneath? However, any affiliate earnings do not affect how we review services. (2021). Data Disk IOPS Consumed Percentage and Data Disk Bandwidth Consumed Percentage; At the VM level: VM Cached IOPS . 2020, global cloud traffic as a percentage of total internet traffic rose from 1.26% to 1.83%, up by 45%. Naturally, remote desktop software followed suit. Moving to special AI chips. See something interesting? Prepandemic, cloud migration was already often complex. Google Cloud Platform showed the highest percentage of experimentation (23 percent), which tends to drive more adoption in the future. We hope that you have found these cloud computing stats and trends both interesting and fun. Let us know if you liked the post. Cloud data centers will process 94 percent of all workloads in 2021. MEGA (5.09 percent), Box (4.17 percent) and pCloud (1.39 percent), which have all made our list of best cloud storage services, are also widely used.21, Given the previous statistic, it comes as no surprise that Google Drive surpassed a billion users in 201822, while the Google Workspace cloud productivity platform as a whole reached 2 billion users in 202023. 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. Instead, the cloud market has been remarkably resilient. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Only about 10 large public hyperscale cloud providers and chip companies break out their cloud revenues on a quarterly basis in detail. Find out how. Databases (50 percent), file storage (45 percent) and application services (43 percent) were also cited as reasons for remaining partially on-premises. Consequently, several noteworthy cloud computing trends have emerged, so let us take a look at their impact and development. 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. Time Machine vs Arq vs Duplicati vs Cloudberry Backup. 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. But I have one question though, in the diagram of part5, how is the data calculated, or measured? Their advantages are better control and privacy, as well as increased flexibility.28. As a result, more than 40 zettabytes of data will be flowing through cloud servers and networks. Flexera cited as a leader by independent research firm for cloud cost management and optimization. This will create new roles . Now, on to the reason you opened this article in the first place those amazing cloud computing technology statistics themselves. However, the company boasted that annual recurring revenue (ARR) for cloud was up 45 percent in a year . Longer term, as growth returns to historical rates, it seems likely, based on the history of technology, that market concentration will increase again. For this reason, we recommend you browse through our online security articles and read our online privacy guide. Cloud-first policies and cloud migration are top of mind for senior IT leaders, particularly in enterprise environments. Thats three times the size of the second largest market, Western Europe, which has 21 percent of the market total. DTTL and each of its member firms are legally separate and independent entities. Already, cloud has become much more than an alternative computing approach; in the near future, it is poised to become standard operating procedure for all types of businesses. Copy a customized link that shows your highlighted text. 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. Initially, all AI computing took place on general-purpose central processing unit (CPU) chips. Several avenues exist to keep clouds rising energy needs under control: Improving overall transistor efficiency. According to the report, 52% of those who moved workloads from the cloud back on premises said either . (LogicMonitor, 2020) Meanwhile, 20% of businesses spend over $12 million on public cloud annually. Balancing on-premises and cloud workloads On-Premises vs. Get the latest insights in cloud computing trends and cloud migration statistics. In Malaysia, the first mainframe, the IBM System/360, was introduced in 1964. The appropriately named Citadel is the largest data center ever constructed, and is located in Tahoe Reno, Nevada. Michael also leads the GTM and cross-offering efforts within Consulting in North Region as Regional Consulting Leader. According to a March 2020 report, more than 90% of global enterprises will rely on hybrid cloud by 2022.3 Another survey from the same month found that 97% of IT managers planned to distribute workloads across two or more clouds in order to maximize resilience, meet regulatory and compliance requirements, and leverage best-of-breed services from different providers.4. [2] As of 2020, roughly 41% of enterprise workloads were in the cloud. Get the Deloitte Insights app, 2 years of digital transformation in 2 months, IDC expects 2021 to be the year of multi-cloud as global COVID-19 pandemic reaffirms critical need for business agility, Infrastructure and security challenges threaten multi-cloud and edge deployments, new survey from Volterra shows, Public clouds are bright spot as IT outlays slow due to virus, Hyperscale data center count reaches 541 in mid-2020; another 176 in the pipeline, COVID internet phenomena spotlight report, 2020 to be a bumper year for data centre M&Aamid Covid-19as value surpasses 2019 total, Cloud computing market remains strong, but its not immune to COVID-19, Siemens to let staff Work From Anywhere permanently, Global anything-as-a-service market to reach US$ 344.3 billion by 2024, organizations undergoing digital transformation facilitating growth, Hyperscale operator spending on data centers up 11% in 2019 despite only modest capex growth, Hasty rush to cloud hosting during COVID-19 crisis could set stage for cyberpandemic, Unbundling the cloud with the intelligent edge: How edge computing, AI, and advanced connectivity are enabling enterprises to become more responsive to a fast-moving world, Google Cloud jumps into 5G and telco edge computing with a GMEC vision, COVID-19 leads to shocking cloud computing bills, How to calculate the true cost cloud migration, In times like these you learn to love the cloud, Accelerating agility with XaaS: Many companies are using IT as-a-service to steer their way to competitive advantage, Thriving in the era of pervasive AI: Deloittes State of AI in the Enterprise, 3rd edition, How the great COVID-19 reset can help firms build a sustainable future, Building back better: A sustainable, resilient recovery after COVID-19, Cloud computing is not the energy hog that had been feared, Netflixs Cindy Holland says subscribers watch an average of two hours a day, Data bytes: Cloud CapEx, PUE trends, HPC spending, servers on the edge, AI can do great thingsif it does not burn the planet, Arm Cortex-M55 and Ethos-U55 processors: Extending the performance of Arms ML portfolio for endpoint devices, Corporate Responsibility & Sustainability. A simple process could often turn into a fog of conflicting goals, broken dependencies, and cost overruns. In 2017, cloud workloads represented 86 percent of all data . So do nine of the top ten public clouds. Defy status quo, build momentum, stimulate ideas., achieve ambitious goals. 58 percent: The percentage of enterprise workloads that enterprise workloads are on or are expected to be on hybrid or private cloud, based on the same Everest Group research. Weve put together a list of 26 of the most interesting, relevant and revealing cloud computing statistics that demonstrate how big the cloud is and how its predicted to evolve. In the past decade, deep learning has become more widely used in the cloud, offering tremendous new functionality. Of experimentation ( 23 percent ), which has 21 percent of respondents use more than 40 zettabytes of will... Cloud data centers typically have fairly low server utilization rates of 2020, global cloud as. 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