Cloud Adoption and Migration

Cloud Adoption and Migration

Cloud computing provides improved stability and security, increases flexibility for businesses, and in many cases can lower business IT expenses as well. Cloud services are revolutionizing business, and statistics on cloud adoption and migration support this.

 

Amazing Cloud Adoption Statistics

  • By 2023, the public cloud service industry is projected to grow to a global value of $623.3 billion.
  • By 2022, 83 percent of business workloads will be hosted in the cloud.
  • Enterprises now use cloud services in 94 percent of cases.
  • Cloud computing receives a 30% share of all IT budgets.
  • A central cloud team or a cloud center of excellence is already present in 66% of businesses.
  • On average, businesses use roughly 5 different cloud platforms.
  • Over $1.2 million is spent on cloud services annually by 50% of businesses.
  • The public cloud infrastructure will increase by 35% in 2022!
  • The amount of data kept in cloud data centers will surpass 100 Zettabytes by 2025.

 

What Are the Types of Cloud Computing?

Public Cloud: A form of cloud computing known as the “public cloud” uses the open internet to deliver services. This kind of cloud is accessible to anyone who wants to utilize it because it is owned and administered by a third-party service provider. It’s the most widely used kind of cloud computing since it has many benefits, including pay-as-you-go pricing and scalability. A public cloud is something like Amazon Web Services (AWS) or Microsoft Azure. 

Private Cloud: A private cloud is a form of cloud computing that only serves customers inside of a single company and isn’t accessible to the broader public. Since private clouds are typically owned and managed by the organization, the security and privacy of its data are better under its control. They can be created both on- and off-site, and either internal IT employees or a third-party vendor manages them.

Hybrid Cloud: A form of cloud computing called hybrid cloud incorporates both public and private clouds. Organizations have the freedom to select the hybrid cloud that best meets their needs for each application or workload. Hybrid cloud can feel like a step backward if you’re coming from a conventional on-premises method. You are still in charge of taking care of infrastructure issues like providing virtual machines and managing hardware. Hybrid cloud, however, can be a revelation if you’ve previously just used public clouds.

 

Bottom Line

Cloud adoption and migration services are cost-effective, quick, secure and  they have something to offer to companies of all sizes. To learn more about how cloud services can benefit your business, contact JENLOR today.