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Cloud Computing Growth

The practice of using a network of remote servers hosted on the Internet to store, manage, and process data, rather than a local server or a personal computer.

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Cloud Computing Growth

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  1. Cloud Computing Growth Presented by “bodHOST”

  2. Introduction Cloud Computing has taken the IT world by storm. Enterprises and educational institutions who have already adopted the cloud have been reaping the rewards of increased flexibility and scalability, faster time to market for new application deployments, easier access to all types of data, and greater savings across the board. All signs point to a more efficient and cost effective technological future with cloud computing. Cloud Computing is here to stay, and it’s getting bigger.

  3. Global Outreach By the end of 2017, number of companies using cloud services in 2015 will reach 91%. 76% of Senior finance executives claim cloud computing is and will be crucial for their organization strategies. 72% of companies have adopted the cloud. 44% of companies are upgrading to cloud in next 24 months.

  4. Estimated Worth Over 300% growth in 6 years. 5x – The globalcloud computing industry growth rate is currently 5 times higher than the global IT growth rate. $79.1 billion – It is predicted that the global market for cloud equipment will reach $79.1 billion by 2018. 86% – 86% of companies are using more than one type of cloud service – mostly four different types. 50% – Predictions claim more than 50% of information technology will be in the cloud within next 5 to 10 years.

  5. Cloud Estimation Cisco* forecasts that global data center traffic will triple from 2.6 zettabytes** in 2012 to 7.7 zettabytes annually in 2017 * Cisco is a huge networking company that issues annual Cisco Global Cloud Index. ** Zettabyte is a billion terabytes. Most commonly stored data: Photographs 75%, Emails 70%, Business documents 66%, Calendars 48%, Address books 44%, Music 43%, Notes & research 43%

  6. Thank You

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