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More and More Companies are Adopting the Cloud

It seems as if, with each passing moment, more and more business are turning to cloud computing to carry out any and all of their IT needs. And far from slowing down, research suggests that, in the years to come, this trend will only continue to pick up steam.
It is predicted that by the end of this year, more than $40 billion will have been spent on public cloud services in 2012. That number could reach as much as $100 billion in the year 2016.
In the next four years, public cloud services are expected to see their business grow at an annual rate of 26.4%. The IT industry in general grows at an annual rate of closer to 5% percent. This means that, while new business owners are looking to the cloud to help get their companies off the ground the largest contingent of the cloud computing market comes from pre-existing businesses that are giving up their own IT systems in favor of this one.
This can’t just be a coincidence. There has to be a reason why so many companies—many of which have already found success on their own, without the help of the cloud—believe that turning towards cloud computing is going to help make their business better.

So what are the reasons?

Well, they are the same ones you have been hearing about for months. Cloud computing is more efficient, in terms of both time and money. It allows a great deal of flexibility, meaning that if your business changes or grows, the system will be able to adapt quickly and easily.
Cloud computing is a one-stop IT solution that allows you to focus your time and resources not on dealing with your own computing system but on making your business the best that it can be.
Which is probably why predictions claim that by the year 2020, cloud computing and other similar services will account for 80% of growth in the entire IT industry.
Simply put, cloud computing is taking over.

The cloud around the world

And it’s certainly not just an American phenomenon. While the United States is home to the largest market in public cloud services—followed by Western Europe and the Asia-Pacific region—the largest growth rate is expected to be seen in third world countries, where cloud computing can be seen to have a transformative effect.

Private versus public

While the market for private cloud services continues to grow, the private cloud remains a popular choice for those businesses, especially, that are concerned with privacy issues often felt to be associated with the public option.
The market for these private services is expected to see an annual growth rate of 21.5% through the year 2015, just a little under that of the public market.
However, experts in the field believe that, eventually, public cloud services will develop enough to provide their customers with the same sense of security that the private cloud inspires today, making it, increasingly, the more popular choice.
Contact Realware today and ask about our Cloud Hosting service and our full service small business IT solution.

Tags: Small Business



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