Is the Sky Really the Limit? - Protiviti...Is the Sky Really the Limit? Money in the Cloud Estimated...
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© 2016 Provi Inc. An Equal Opportunity Employer. M/F/Disability/Veterans. PRO-1016. Is the Sky Really the Limit? Money in the Cloud Esmated savings for U.S. federal government between 2011 and 2014 was $3.6 billion, as a result of data center consolidaon and cloud compung iniaves. In 2019, larger companies will be the biggest consumers of public cloud services, with projected spending of about $80 billion. On the other hand, smaller and medium-sized businesses will contribute 40% to the public cloud services spending total. Throughout 2016, private cloud infrastructure spending will be up 11.1%, while public cloud spending will be up 14.1%. Conversely, data centers will fall 4%. Source: U.S. Government Accountability Office; Talkin’ Cloud. Cloud Services Market The Internaonal Data Corporaon’s "Worldwide Semiannual Public Cloud Services Spending Guide" indicates public cloud services spending will expand at a 19.4% compound annual growth rate – almost six mes the rate of overall IT spending growth. Revenue from worldwide public IT cloud services are esmated to reach $127 billion by 2018, with emerging markets responsible for 21% of that number. Sources: Microsoſt Cloud Landscape Update, 2015, (RHP); Forbes. Soſtwares, Plaorms, and Infrastructures as Services Spending on SaaS and PaaS combined is expected to be $12 billion in 2016, growing to $55 billion in 2026. In addion, at five-year compound average growth rates, spending on IaaS, the highest growth segment in the public cloud forecast, will grow 27%. Source: Forbes. Future Spending Cloud compung funding is esmated to grow 19.4% from 2015 to 2019. In 2015, spending on cloud compung was $70 billion and it is expected to reach $141 billion in the year 2019. Companies are growing using the cloud while cung costs. Sources: Talkin’ Cloud; Internaonal Data Corp; Forbes. Cloud Enabling Technology Cloud enabling technologies (CET) market revenue will reach $22.6 billion in 2016, where virtualizaon accounts for 66% of the revenue. Source: Talkin’ Cloud. For more informaon visit provi.com The Global Sky Global business spending for infrastructure and services will increase to $235.1 billion in 2017. Sources: Talkin’ Cloud. The Corporate Cloud Forecast For the purposes of ensuring cloud security, 77% of companies are aempng to increase spending in 2016. Nearly one in three companies – 30% – of companies that center their business on services will move most of their enterprise resource planning to the cloud by 2018. Source: iCorps Technologies. Internal Audit, Risk, Business & Technology Consulng Cloud Compung Forecast in Numbers $141B $22B
Transcript of Is the Sky Really the Limit? - Protiviti...Is the Sky Really the Limit? Money in the Cloud Estimated...
© 2016 Protiviti Inc. An Equal Opportunity Employer. M/F/Disability/Veterans. PRO-1016.
Is the Sky Really the Limit?
Money in the CloudEstimated savings for U.S. federal
government between 2011 and 2014 was $3.6 billion, as a result of data center
consolidation and cloud computing initiatives.
In 2019, larger companies will be the biggest consumers of public cloud services, with
projected spending of about $80 billion. On the other hand, smaller and medium-sized
businesses will contribute 40% to the public cloud services spending total.
Throughout 2016, private cloud infrastructure spending will be up 11.1%,
while public cloud spending will be up 14.1%. Conversely, data centers will fall 4%.
Source: U.S. Government Accountability Office; Talkin’ Cloud.
Cloud Services MarketThe International Data Corporation’s "Worldwide Semiannual Public Cloud Services Spending Guide" indicates public cloud services spending will expand at a 19.4% compound annual growth rate – almost six times the rate of overall IT spending growth.
Revenue from worldwide public IT cloud services are estimated to reach $127 billion by 2018, with emerging markets responsible for 21% ofthat number.
Sources: Microsoft Cloud Landscape Update, 2015, (RHP); Forbes.
Softwares, Platforms, andInfrastructures as ServicesSpending on SaaS and PaaS combined is expected to be $12 billion in 2016, growing to $55 billion in 2026. In addition, at five-year compound average growth rates, spending on IaaS, the highest growth segment in the public cloud forecast, will grow 27%.
Source: Forbes.
Future SpendingCloud computing funding is estimated to grow 19.4% from 2015 to 2019. In 2015, spending on cloud computing was $70 billion and it is expected to reach $141 billion in the year 2019. Companies are growing using the cloud while cutting costs.
Sources: Talkin’ Cloud; International Data Corp; Forbes.
Cloud Enabling TechnologyCloud enabling technologies (CET) market revenue will reach $22.6 billion in 2016, where virtualization accounts for 66% of the revenue.
Source: Talkin’ Cloud.
For more information visit protiviti.com
The Global SkyGlobal business spending forinfrastructure and services willincrease to $235.1 billion in 2017.
Sources: Talkin’ Cloud.
The Corporate Cloud ForecastFor the purposes of ensuring cloud security, 77% of companies are attempting to increase spending in 2016. Nearly one in three companies – 30% – of companies that center their business on services will move most of their enterprise resource planning to the cloud by 2018.
Source: iCorps Technologies.
Internal Audit, Risk, Business & Technology Consulting
Cloud ComputingForecast in Numbers
$141B
$22B
