10 Cloud Stats Every Company Director Should Know

[vc_row][vc_column css=”.vc_custom_1481036539060{padding-top: 20px !important;padding-bottom: 20px !important;}”][vc_column_text]Cloud computing is gaining momentum as businesses of all types look to take advantage of web-based products and services to meet their IT needs.
It’s changing the IT industry at a rapid rate and having a knock-on effect on the day-to-day lives of businesses and consumers alike, so if they aren’t aware of it already, company directors should definitely be looking at how their business could benefit from using the cloud.

Five stats you may not know about the cloud computing industry:

1. The global public cloud computing industry generated revenues of more than $58 billion (£34 billion) in 2013 and is set to climb to $191 billion (£113 billion) by the end of the decade, figures from Forrester Research show.
2. The compound annual growth rate of cloud computing for 2013-2017 will be 23.5 per cent, which International Data Corporation (IDC) states is five times the forecasted rate of growth for the global IT market as a whole.
3. At the end of 2013, three-quarters of UK organisations were estimated to be using at least one cloud-based service, according to research from the Cloud Industry Forum.
4. According to Cisco, 51 per cent of workloads will shift to the cloud this year.
5. 38 per cent of enterprises have a dedicated budget for cloud computing services, according to 451 Research, and of these, 69 per cent predict this budget will increase through 2014.
But how could your business benefit?

Five stats to give you an idea of the potential cost and time saving benefits of the cloud:

1. 82 per cent of companies surveyed by NSK Inc stated they had saved money moving to the cloud.
2. The average firm in the UK has saved £316,000 by migrating to cloud-based services, according to a study of 1,300 cloud-enabled businesses conducted by Rackspace and the Manchester Business School.
3. A survey of over 3,500 IT decision makers revealed that 90 per cent reported improvement in at least one area of their department when moving to the cloud, NSK Inc reports.
4. Firms that are enthusiastic about cloud adoption report almost double the revenue growth and nearly 2.5 times higher gross profit growth than peer companies that are more cautious about cloud computing, research by IBM shows.
5. After moving to the cloud, Forbes found 60 per cent of business leaders say they have reduced their IT maintenance requirements, allowing them to focus more on strategy and innovation, with 59 per cent seeing increased business agility.
If you would like to know more about what the cloud could do for your business, please don’t hesitate to get in touch with one of our team of experts.
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Eva Caballero
eva.cabal[email protected]

(+34) 660 10 87 20
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