[ Related read: Kubernetes by the numbers, in 2020: 12 stats to see . There are good reasons to believe the 15% . 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. This question focused on percentage of existing workloads, rather than where the main workload was located or what would happen in the future (a more objective representation). This goes to show that non-cloud data centers are on their way out and will be superseded by cloud data centers in the near future.14. In the same year, the total global data storage will exceed 200 zettabytes of data, meaning that around half of it will be stored in the cloud. As of 2021, the very lucrative video streaming market is worth a combined $59.14 billion (read our streaming statistics guide to learn more). Platform as a Service (PaaS) will grow by 26.1% in 2022. Cybersecurity Insiders, Fortinet. Beena Ammanath, Susanne Hupfer, and David Jarvis. Workload operations should . Thank you. If you are an admin, please authenticate by logging in again. (LogicMonitor, 2020) Meanwhile, 20% of businesses spend over $12 million on public cloud annually. 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. In calendar Q1 2020, they saw growth explode by 42% compared to the previous year. Currently, you are using a shared account. "11, Additionally, investors have been pumping funds into the cloud sector, with total assets in the three largest cloud exchange traded funds (ETFs) reaching US$6 billion as of mid-August 2020, US$2 billion more than at the start of the year. But I have one question though, in the diagram of part5, how is the data calculated, or measured? Even if we disregard these, current cloud computing stats speak volumes about the state of cloud computing and where its headed. Each article that we fact check is analyzed for inaccuracies so that the published content is as accurate as possible. By some metrics, the cloud market grew even faster in 2020 than in 2019, even during the steepest economic contraction in modern history. Hybrid clouds combine the advantages of public and private clouds. This is especially true when cloud adoption happens faster than proper due diligence can be applied by information security personnel. This growth is expected as more organizations migrate their IT workloads to the cloud. Take control of cloud use with out-of-the-box and customized policies to automate cost governance, operations, security and compliance. Its market value is estimated at more than $90 billion19, a massive increase over its 2019 valuation of approximately $20 billion. Cloud Computing's Catch-22. Fifty-two percent spend $1.2 million or more annually on AWS. Innovation, transformation, and leadership occur in many ways. We hope that you have found these cloud computing stats and trends both interesting and fun. 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. Cybersecurity Insiders, and Fortinet. But the way that deep learning has become more powerful is by using much larger data sets for training, which means more computation, which in turn results in greater energy use. 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. Duncan Stewart is the director of research for the technology, media, and telecommunications (TMT) industry for Deloitte Canada. . Flexible consumption models, also known as everything (or anything) as a service or XaaS, have become an increasingly important strategic shift for enterprises across all industries. Thirty-seven percent of enterprises said their annual spend exceeded $12 million and 80 percent reported that cloud spend exceeds $1.2 million per year. Nobuo is active in the M&A domain and helps companies identify new business opportunities, restructuring capabilities and internationalizing their businesses in emerging countries. Linux's strength comes from its open-source design and . The ability to solve complex issues is critical. Digital transformation continues and IT spend keeps growing. 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 . 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). Second, in the longer term, the WFA forced experiment15 is being seen as a success by many workers and employers. 7. This trend will persist well after the pandemic.23, One emerging development for hyperscale cloud providers is the intelligent edge. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. to incorporate the statistic into your presentation at any time. The second is that AI is making up a higher and higher percentage of cloud computing. One way that hyperscalers can deal with both data transfer and app development is through partnerships.25. A lot of data is currently in the cloud, and by 2025 it will reach 100 zettabytes. "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. Eighty-nine percent of respondents reported having a multi-cloud strategy, and 80 percent are taking a hybrid approach by combining the use of both public and private clouds. By some metrics, growth was more or less flat in 2020; by some other ways of measuring growth, it increased faster than in 2019, even in the face of the steepest economic contraction in modern history. A quarter (25%) of respondents cited private cloud as their most commonly used deployment model, the highest percentage after multicloud (36%). 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. Balancing on-premises and cloud workloads On-Premises vs. How to Access the Deep Web and the Dark Net, How to Securely Store Passwords in 2023: Best Secure Password Storage, How to Create a Strong Password in 2023: Secure Password Generator & 6 Tips for Strong Passwords, MP4 Repair: How to Fix Corrupted Video Files in 2019, Simple Cloud Computing Facts You Need to Know, cloud storage services with the best security and privacy, excellent article detailing cloud security measures, storage services with unlimited cloud storage. Most deployments will likely use a combination of a public cloud and a private environment that remain distinct entities but are bound together, an approach known as hybrid cloud. In 2020, the global cloud gaming market was worth $470 million. Copy a customized link that shows your highlighted text. 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. Cloud data centers will process 94 percent of all workloads in 2021. The changes that Gartner says are on the horizon will mean major shifts in the way the world does business over the next few years, the results of which Gartner said will be more than 85% of . We also asked survey respondents to name other key performance indicators they . IT Visibility, IT Asset Management, Cloud Management. Even a single application could be tied to multiple business processes, affecting vendors, balance sheets, and regulatory compliance, and different stakeholders could have different motives and expectations from the migration. In recent years, this percentage has continued to increase. These servers host data that you can access via an internet connection. For the complete survey results, download the free Flexera 2022 State of the Cloud Report. As mentioned, Linux runs 90 percent of the public cloud workload. Check out the latest blogs related to Cloud Management below. See something interesting? For computational environments, a workload is an expression of an ongoing effort of an application AND what is being requested of it. 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). Thats the only way we can improve. A multi-cloud strategy revolves around utilizing multiple cloud service providers such as Google Cloud or AWS. These services include everything from simple cloud storage to cloud infrastructure platforms, like AWS. If you are interested in learning more about these terms, we invite you to read our cloud terminologies article, which explains how they function in greater detail. On-premise versus cloud workload. Would appreciate it if you can explain it , thanks! There are three main types of cloud computing deployments: public cloud, private cloud and hybrid cloud. 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. As of 2020, roughly 41% of enterprise workloads were in the cloud. "It's fundamental to computing.". The respondentsglobal cloud decision makers and usersrevealed their experiences with cloud migration, cloud computing, and their insights about the public, private and multi-cloud market. On-premise workloads are predicted to shrink from 37% today to 27% of . Cybersecurity Insiders, & Fortinet. "Share of Workloads in The Cloud among Organizations Worldwide as of April 2021. The three major types of cloud computing are: Infrastructure as a Service (IaaS), Software as a Service (SaaS) and Platform as a Service (PaaS). However, any affiliate earnings do not affect how we review services. DTTL and each of its member firms are legally separate and independent entities. Respondents self-estimated that their organizations waste 32 percent of cloud spend, which is up from 30 percent last year. The cloud. What was once a trendy, science fictionsounding buzzword has become an inescapable part of our everyday personal and professional lives. In todays increasingly digital world, the way a business approaches its cloud computing strategy is paramount. 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. 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. Please do not hesitate to contact me. 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. With tools such as Slack (and its many alternatives), working from the comfort of your home is easier than ever before. That we fact check is analyzed for inaccuracies so that the published content is as accurate as possible among. Lot of data is currently in the diagram of part5, how is the director research. 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