“Through 2019, public cloud growth is expected to be nearly 3X the growth of private clouds. In turn, private cloud growth is expected to be 2X higher than colocation.” – Source: IDC
By Andy Stewart, Chief Strategy Officer
2016: An exciting year for the cloud
The growth in public cloud and its adoption across every size and type of enterprise in 2016 is astounding. Companies like Microsoft and Amazon have labored tirelessly to create platforms capable of reinventing how IT is consumed, both now and into the future. Microsoft’s public cloud platform, Azure, is already seeing more than 120,000 new subscriptions a month, and Amazon Web Services (AWS) revenues have a run rate exceeding $10 billion a year.
Looking forward, a number of the mid-sized enterprises we work with are rethinking their hybrid strategy to include the public cloud for more than just test/dev environments and disaster recovery. We’re even seeing boards of directors issue mandates for the organization to move a certain percentage of their workloads to the public cloud. In addition, Big Data initiatives are prompting another look at both public and hosted private clouds as cloud resources can help businesses use their budget dollars more efficiently by turning a capital expense into a monthly operating expense. Continue reading