Cloud computing stats that CIOs should know

March 7, 2014 Off By David

Grazed from FierceCIO. Author: David Weldon.

With the increased focus on cloud computing this year, CIOs are charged with making strategic decisions on what should go to the cloud, and whether a public, private or hybrid cloud environment is best. To help CIOs better understand the implications of their cloud computing decisions, Silicon Angle recently put together a list of 20 cloud statistics that every CIO should know.

They range from predictions on the growth of the cloud market, to what happens to the IT department when an organization embraces cloud computing. Source links for each statistic can be found at the Silicon Angle blog. Cloud stats that CIOs should take note of include the following:..

Cloud spending

  • By 2015, end-user spending on cloud services could be more than $180 billion
  • By 2014, businesses in the United States will spend more than $13 billion on cloud computing and managed hosting services
  • It is predicted the global market for cloud equipment will reach $79.1 billion by 2018
  • 59 percent of all new spending on cloud computing services originates from North American enterprises, a trend projected to accelerate through 2016…

Read more from the source @ http://www.fiercecio.com/story/cloud-computing-stats-cios-should-know/2014-03-07#ixzz2vJEcaW56

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