The cloud permeates all facets of IT — from applications to infrastructure. To find out how tech leaders are planning their cloud strategy, Insider Pro interviewed hundreds of tech decision-makers.
The new hot topic in the tech industry has been around since – and this is a conservative estimate – the early 2000s.
It’s taken us a while to get where we are today, but these days the cloud permeates all facets of an IT environment – from applications to platforms to infrastructure. A quick look at the leading public cloud service providers – AWS, Microsoft, Google and IBM — shows the competition is fierce among vendors and the decision-making process for technology buyers isn’t for the faint of heart.
With the roster of vendor-behemoths chasing your cloud dollars, it comes as no surprise that the stakes are high. In its Worldwide Semiannual Public Cloud Services Spending Guide, IDC predicts that spending on public cloud services and infrastructure will more than double between now and 2023 with public cloud spending, growing from $229 billion in 2019 to nearly $500 billion in 2023.
IDC reports that software as a service will be the largest category of cloud computing, capturing more than half of all public cloud spending. Infrastructure as a service (IaaS) will be the second largest category of public cloud spending, followed by platform as a service (PaaS). IaaS spending, comprised of servers and storage devices, will also be the fastest growing category of cloud spending
Read more here