Cloud Spending Up, Where’s The Money Going Now?
January 8, 2015
Grazed from Forbes. Author: Joe McKendrick.
Information technology spending is still expected to maintain its upward trajectory over the coming year, so that begs the question: where will all this extra money be going? Where should it go? A new survey of 112 executives from Piper Jaffray suggests that more IT spending is being funneled into cloud computing services.
Overall IT spending increased 2.6% from last year, and two-thirds of respondents say they will boost their budgets at least as much in 2015. Most of the boost goes to cloud services — average cloud budgets are up six percent, compared to a two-percent jump in on-premises spending…
Bear in mind that on-premises IT spending is still the lion’s share of budgets. Still, the proportion going to cloud is growing three times as fast as for on-site systems. It also appears that spending will be equally applied to private and public services. (Presumably with hybrid in between.)…
Read more from the source @ http://www.forbes.com/sites/joemckendrick/2015/01/08/cloud-spending-up-wheres-the-money-going-now/