Businesses are no longer questioning whether they should move to the cloud or not, they are now thinking how much and by when. Businesses are now thinking about how they can use the latest technology and innovations in the cloud to achieve their business objectives. Although the cloud brings many benefits there are still some companies that are hesitant to move their workloads to the cloud because of security concerns. Despite this, the adoption of cloud has seen a tremendous rise in 2018 and will continue to do so. Cloud brings mobility, scalability, increased efficiency, cost-effectiveness, streamlined collaboration, and speed of connectivity. Here are some data points to look for in Cloud Computing: According to Forrester, Public Cloud Platforms, business services, and applications will read $236B – growing at a CAGR of 22% between 2015 to 2020. According to SiliconANGLE, enterprise cloud spending is growing at a 16% CAGR between 2016 and 2026 According to IDC, at least half of the IT spending will be on a cloud in 2018, reaching 60% of all IT Infrastructure and 60-70% by 2020. According to IDC, cloud computing spending will grow 6x the rate f IT spending through 2020. According to Bain & Company, the market revenue of Global Cloud IT is predicted to increase to $390B in 2020, at a CAGR of 17% According to Deloitte, spending on IT-as-a-Service for data centers, software’s and services will reach $547B by the end of 2018. Check out this infographic to see which the latest trends in Cloud Computing in 2018. Not able to decide if you should move from on-premise to cloud? We are here to help! iMicron’s cloud consulting experts can help you and your organization not only the right cloud but also a path which will help you seamlessly move your workloads to cloud. For more information email us at contact@imicron.com

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https://www.gartner.com/smarterwithgartner/7-top-security-predictions-for-2017/
https://www.idc.com/getdoc.jsp?containerId=prUS43511618
https://www.networkworld.com/article/3233134/cloud-computing/5-cloud-computing-trends-to-prepare-for-in-2018.html
https://go.forrester.com/blogs/predictions-2018-cloud-computing-accelerates-enterprise-transformation-everywhere/
https://www.csoonline.com/article/3043030/security/12-top-cloud-security-threats-for-2018.html
iMicron by Techwave delivers cloud solutions for global enterprises. As a cloud aggregator platform, iMicron offers individual, start ups,
enterprises, and partners access to a unique global multi-cloud marketplace, along with solutions to build their infrastructure expertise to
enable and empower enterprises to provision, configure, and manage cloud technologies with ease.
Cloud Trends - 2018
Global cloud spending will reach $160 Billion, a 23%
increase over 2017
The total global public cloud market will continue to grow at a
22% compound annual growth rate (CAGR).
SaaS will account for 60% of all cloud-based workloads
Multi cloud deployments trend could lead to multiple
security issues
By 2018, the 60% of enterprises that implement
appropriate cloud visibility and control tools will experience
one-third fewer security failures.
Process Manufacturing and Retail industries to spend about
$10 Billion on cloud services in 2018
Kubernetes has won the war for container orchestration
dominance
by Techwave
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