45 Facts about Cloud Computing
- Cloud Computing is up to 40 times more cost effective for an SMB, compared to running its own IT system.
- 70% of businesses report that they’ve been able to reinvest funds back into their business as a result of moving to the cloud.
- 59% of SMBs using cloud services report significant productivity benefits.
- The US Federal Government saved $5.5 Billion per year by shifting to Cloud Services.4
- In 2016, 77% of companies plan to increase cloud security expenditures for mobile and cloud-based services.
- 94% of SMBs have experienced security benefits in the cloud that they didn’t have with their on-premises service
- 62% of respondents of a Microsoft survey said their levels of privacy protection increased as a result of moving to the cloud.
- Recovery times for SMB are four times faster for businesses using cloud computing when compared to those not utilizing cloud services.
- For SMB, energy use and carbon emissions could be cut by 90% by using cloud computing, saving the environment and energy costs.
- 70% of SMBs reinvested cloud savings in areas that benefit and grow their businesses such as product development and innovation and marketing.1
- 90% of Microsoft’s Research & Development budget will be used to improve cloud technology and security services in 2016.
- By 2018, at least 30% of service-centric companies will move the majority of their ERP applications to the cloud.
- Experts predict that 40 zettabytes, or 40,000,000,000,000,000,000,000 bytes of data will be held in the cloud by 2020.
- It’s predicted that 78% of U.S. small businesses will have fully adopted cloud computing by 2020.
- 54 % Claim they have never used Cloud Computing.
- Cloud computing market will reach $127 billion by 2017
- Infrastructure as a Service is most preferred
- SMBs can benefit 40 times more from the cloud rather than its own IT system.
- A new server is added to the cloud for every 600 tablets and 1200 smartphones.
- SaaS applications will reach up to 67.4 billion, making it to be the largest cloud service category this year.
- SMBs will spend up to $16 billion in cloud computing this year.
- By shifting to the cloud, the US Federal Government saves $5.5 billion each year.
- 94% of companies have improved security after adopting cloud services.
- 91% of SMBs have satisfied their compliance requirements more easily through a cloud service provider.
- 90% of Microsoft’s budget for R&D is used to improve security services and cloud technology.
- 80% of cloud adopters have reduced IT costs.
- 75% of businesses have improved service availability since they moved to the cloud.
- 67% of IT professionals use cloud applications and services.
- 64% of businesses reduced their waste and energy consumption after moving to the cloud.
- 56% of companies are hiring professionals with cloud experience.
- 52% of organizations experience increase in data efficiency and utilization since they moved to the cloud.
- Half of the companies in America plan to increase their budgets for public cloud.
- After adopting the cloud, 47% of companies have lower operating costs.
- By 2016, 36% of business data will be stored in the cloud.
- By 2020, cloud computing will reach up to $270 billion.
- 26% of companies plan to have major cloud implementation.
- Over 11% of businesses already have major cloud implementations.
- Experts estimate cloud apps will account for a whopping 90 percent of worldwide mobile data traffic by 2019.
- Internet of Things (IoT) = cloud-based services
- 59% of SMBs using cloud services report significant productivity benefits from information technology
- 50% of enterprises to use hybrid Cloud by 2017
- 59% of the total Cloud workloads will be Software-as-a-Service (SaaS) workloads by 2018, up from 41% in 2013.
- Global Cloud market, including private, public and hybrid Clouds, will touch $118 billion in 2015.
- 6 out of every 10 CIOs consider Cloud computing as their top priority.
- Cloud computing has the potential to reduce IT labour costs by 50%
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