Video Title:

2018 Cloud Computing Benefits, Statistics & Facts

Video Category:

The Cloud

Video Description:

Cloud computing has transitioned into a widely adopted service that businesses utilize in their everyday operations. 2018's stats and predictions emphasize the growing impact of cloud technology.

Top 16 Cloud Computing Benefits, Statistics & Facts for 2018:

  1. Forrester predicts that more than 50% of global enterprises will rely on at least one public cloud platform to drive digital transformation and delight customers.

  2. In two years, enterprises will be able to execute 50% of core security actions, such as policy setting and monitoring, with consistent workflows across all major public cloud platforms. (IDC FutureScape)

  3. Dell Reports that companies that invest in big data, cloud, mobility, and security enjoy up to 53% faster revenue growth than their competitors. (SalesForce)

  4. 94% of businesses claimed they saw an improvement in security after switching to the cloud. (SalesForce)

  5. 91% of businesses said the cloud makes it easier to meet government compliance requirements. (SalesForce)

  6. 96% of enterprises surveyed by RightScale use the cloud.

          *Public cloud adoption increased from 89% in 2017 to 92% in 2018

          *Private cloud adoption increased from 72% in 2017 to 75% in 2018

  7. 20% of enterprises plan to more than double public cloud spend in 2018, and 71% will grow public cloud spend more than 20%. (RightScale)

  8. Optimizing cloud costs is the top initiative again in 2018 across all businesses utilizing the cloud. (RightScale)

          *Increasing from 53% in 2017 to 58% in 2018

  9. Cloud users underestimate the amount of wasted cloud spend. Respondents estimate 30% waste, while RightScale has measured actual waste at 35%.

  10. 57% of enterprises already have a central cloud team with another 24% planning one because they have a strong need for centralized governance within their larger organizations. (RightScale)

  11. AWS, Google, and Microsoft will capture 76% of all cloud platform revenue in 2018, and 80% of all cloud platform revenue by 2020. (Forrester)

  12. Public cloud as the top priority for enterprises grew from 29% in 2017 to 38% in 2018. (RightScale)

  13. While 20% of cloud users claim disaster recovery in four hours or less, only 9% of non-cloud users could claim the same. (SalesForce)

  14. The public cloud market is expected to reach $178 billion in 2018 and continue to grow at a 22% compound annual growth rate. (Forrester)

  15. Multi-cloud is the preferred strategy among 81% of enterprises. (RightScale)

  16. Over 30% of enterprises will spend more on public cloud operations than on their other data center IT operations combined. (IDC FutureScape)