Video Title:

2019 Cloud Computing Facts: Statistics & Benefits

Video Category:

The Cloud

Video Description:

With over 63% of all workloads in the cloud, it's safe to say that cloud computing has made a substantial impact on the business world. Check out the top 12 Cloud Computing Facts, Statistics & Benefits for 2019 in this video.

Top 12 Cloud Computing Facts: Statistics & Benefits for 2019:

  1. Cloud usage grew 15% from last year, reaching an all-time high. (Skyhigh Networks)

  2. The worldwide public cloud services market is projected to grow 17.3% in 2019 to total $206.2 billion, up from $175.8 billion in 2018. (Gartner)

  3. By 2021, public cloud spending is forecast to reach $277 billion. (Fortinet)

  4. Over 93% of businesses reported having better data security after switching to the cloud. (Software Advisory Service)

  5. 83% of enterprise workloads will be in the cloud by 2020; 41% on public platforms, 20% on private, 22% on hybrid. (Forbes)

  6. Enterprise applications account for 70% of cloud services in use while cloud apps intended for consumers represent the other 30%. (Skyhigh Networks)

  7. On-prem workloads will shrink from 37% today to 27% of all workloads by 2020. (Forbes)

  8. 21% of files in the cloud contain sensitive data. (Skyhigh Networks)

  9. Software as a service (SaaS) remains the largest segment of the cloud market, with revenue expected to grow 17.8% to reach $85.1 billion in 2019. (Gartner)

  10. Organizations can save $3-5 million dollars per legacy application by inventorying, refactoring, and migrating existing apps when switching to the cloud. (Forbes)

             *this eliminates the need to rewrite each application

  11. 66% of IT professionals say security is their greatest concern in adopting an enterprise cloud computing strategy. (Forbes)

  12. 50% of IT professionals believe artificial intelligence and machine learning are playing a role in cloud computing adoption, growing to 67% by 2020. (Forbes)

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