20 cloud computing statistics every CIO should know

January 27, 2014 Off By David

Grazed from SiliconAngle. Author: Jack Woods.

CIO’s are tasked with the challenge of determining the best way to store massive amounts of data in a safe, easy-to-access, cost-effective manner. Organizations can choose to purchase and deploy on-premises enterprise storage systems, store their data with an external cloud computing service, or they can form hybrid models by combining to two.

In this post, we’ve put our focus on cloud computing and compiled 20 statistics that every CIO should look to store in their memory for future reference or for ground to stand on when bringing a cloud proposal to the rest of their executive teams.

20 Cloud Computing Stats Every CIO Should Know:…

1. By 2015, end-user spending on cloud services could be more than $180 billion

2. It is predicted that the global market for cloud equipment will reach $79.1 billion by 2018

3. If given the choice of only being able to move one application to the cloud, 25% of respondents would choose storage

4. By 2014, businesses in the United States will spend more than $13 billion on cloud computing and managed hosting services …

Read more from the source @ http://siliconangle.com/blog/2014/01/27/20-cloud-computing-statistics-tc0114/