News Archive

CLOUD COMPUTING and APPLICATIONS

IT spending is steadily shifting from traditional IT offerings to cloud services (cloud shift). The aggregate amount of cloud shift in 2016 is estimated to reach $111 billion, increasing to $216 billion in 2020. Cloud shift rates are determined by comparing IT spending on cloud services with traditional non-cloud services in the same market categories (see Table 1).

Table 1. Cloud Shift Summary by Market Segment

Source: Gartner on July 2016

Table 1

Comments are closed.