Some IT professionals used to question whether cloud computing had staying power or not, but these assertions appear to have missed the mark. Public clouds are becoming popular on a global scale and experiencing impressive growth rates.
A new report by IDC said that the global public cloud enabling infrastructure market will increase from $9.2 billion in 2012 to more than $20 billion by 2017. Mary Johnston Turner, research vice president at the firm, said the public cloud industry will continue to experience double-digit growth in the coming years as more service providers develop larger data centers to support a number of cloud solutions.
“Although the market has been anchored by demand in North America in its early days, IDC expects growth rates around the world will be strong as the market for public cloud services expands globally,” Turner said.
Cloud computing is truly a technology of possibilities. Organizations of all sizes and industries can leverage hosted environments for online backup, which keeps mission-critical data and applications accessible, even through disasters. The solution also supports a mobile workforce, allowing staff members to complete work-related tasks using their tablets, smartphones and PCs following disruptions.
Public cloud solutions reaching new heights
A report by Gartner also highlighted the fact that public cloud computing is having an impact on a global scale. According to the research firm, the worldwide public cloud service industry will total $131 billion in 2013, growing nearly 19 percent from 2012. Ed Anderson, Gartner research director, explained why the technology will experience impressive growth this year.
“The continued growth of the cloud services market will result from the adoption of cloud services for production systems and workloads, in addition to the development and testing scenarios that have led as the most prominent use case for public cloud services to date,” said Anderson.
As other reports have shown, North America will remain a hotbed for public cloud services. Gartner said that the continent will account for nearly 60 percent of new public cloud spending between 2013 and 2016, while Western Europe will be second with 24 percent during this time frame.
Companies worldwide considering adopting cloud computing will be happy to know that the solution is affordable, fitting the budget of any type of firm. This is possible because the technology allows businesses to pay for the services they actually consume, rather than requiring an upfront capital investment.