You need a Statista Account for unlimited access. Apply. Moving from CPUs to specialized AI chips improves AI power efficiency, but AI chip technology is not standing still either. Cloud data centers will process 94 percent of all workloads in 2021. Access to this and all other statistics on 80,000 topics from, Show sources information As an example, Siemens is allowing employees to WFA, where feasible and reasonable, two to three days per week going forward; this policy applies to more than 140,000 employees at about 125 locations in 43 countries.16 Continuing or growing WFA arrangements such as this could strengthen ongoing demand for cloud. Show publisher information Even though growth among the largest hyperscale public cloud providers had declined to only 31% annually by the end of 2019, and this rate had been projected to (slowly) decline further in 2020 and 2021 as the industry matures, growth in cloud continued to outpace that in many other sectors. By 2020, the percentage of workloads in the cloud is expected to be 83%, the latest cloud computing statistics reveal. This momentum will continue as companies plan to increase their cloud adoption in the wake of COVID-19.. Although these companies are not necessarily providing detailed quarterly numbers, their commentary has been in line with those that do release exact numbers. The likely reason: COVID-19, lockdowns, and work from anywhere (WFA) have increased demand, and we predict that revenue growth will remain at or above 2019 levels (that is, greater than 30%) for 2021 through 2025 as companies move to cloud to save money, become more agile, and drive innovation. First, to paraphrase Spider-Man, With great growth comes great capital expenditures. Higher-than-expected growth is good news, but to keep up with it, cloud providers will likely need to spend more on capex. As stated by the industry publication SiliconANGLE: Because the big cloud players are so large, they are exposed to industries that have been hard-hit by the pandemic. See: Netflix. Technology is evolving rapidlyand it's important to stay on top of the latest trends and critical insights. The three largest semiconductor companies that disclose segmented data center sales saw their combined revenues grow by only 3% in 2019 to just under US$30 billion. It is projected that this market will grow to more than $76 billion in 2021. However, not just any VPN will suffice check out our best VPN for Netflix and how to watch Disney+ outside the U.S. articles to find out which VPNs will do the trick (we also have a VPN statistics article). As a result, more than 40 zettabytes of data will be flowing through cloud servers and networks. Azure pricing as of 30 October 2018 (prices subject to change). Workloads can also depend on other shared assets or larger platforms. How many cloud services and apps do you use? 80 percent of cloud management efforts will support 20 percent of the service incidents or trouble tickets. When asked what percentage of workloads organizations already have in the cloud, today 33% are running more than 50% of workloads in the cloud; in the next 12-18 months, that grows to 56%. In the context of a cloud adoption, a workload is a collection of IT assets (servers, VMs, applications, data, or appliances) that collectively support a defined process. As a result, we see pockets of spending deceleration even at these companies.14. By 2025, there will be over 100 zettabytes of data stored in the cloud.13 To put this in perspective, a zettabyte is a billion terabytes (or a trillion gigabytes). As recently as 2018, cloud computing companies were attracting criticism for their energy consumption, with some assigning them the epithet energy hogs. More recent articles, however, have pointed out that these concerns are unjust. This is because companies can't afford to run out of server capacity. So, getting back to that prediction: The reason Oracle believes that 80% of enterprise (and mission-critical) workloads will come to the cloud by 2025, is that second-generation, enterprise-grade . While that could be true, new research from Synergy . 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By 2024, in contrast, more than 1.5 billion devices will have dedicated edge AI chips (called neural processing units, or NPUs) in them by 2023.46 These NPUs, mainly used for inference, will likely reduce the demand for energy over time: They tend to be more efficient than the chips in data centers, and they eliminate the need to send large data files up to the cloud, which consumes more energy. Chart. 70% of companies using the cloud plan to increase their budgets in the future. You need at least a Starter Account to use this feature. Data Disk IOPS Consumed Percentage and Data Disk Bandwidth Consumed Percentage; At the VM level: VM Cached IOPS . On-premises data centers typically have fairly low server utilization rates. Its time to revitalize, rebuild and reimagine the future. Patrick lives with his wife and daughter in Denver, where they are active in the community and enjoy the Colorado outdoors. In just the first four months of 2020, the value of completed data center acquisitions, at US$7.5 billion in only 28 deals, was greater than in all of 2019.13, Although cloud is growing rapidly overall, it serves multiple industries, many of which have cut spending sharply. As a Premium user you get access to background information and details about the release of this statistic. Consequently, several noteworthy cloud computing trends have emerged, so let us take a look at their impact and development. Much of this data is stored on cloud file storage solutions, so to help you out with picking the safest ones, weve compiled a list of cloud storage services with the best security and privacy. Cloud migration isnt just about moving to the cloud; it entails a state of continuous reinvention if cloud is to reduce costs and create new opportunities. A cloud workload is essentially a resource or service consuming computing power in the cloud. Basically, the only difference is who owns the infrastructure. Netflix used 451,000 megawatt hours to deliver video in 2019, and Netflix viewers consumed about 112 billion hours during the year. Only about 10 large public hyperscale cloud providers and chip companies break out their cloud revenues on a quarterly basis in detail. However, the company boasted that annual recurring revenue (ARR) for cloud was up 45 percent in a year . This is especially true when cloud adoption happens faster than proper due diligence can be applied by information security personnel. On-premise workloads are predicted to shrink from 37% today to 27% of . "The most common workload preventing IT departments from lifting all services to the cloud was 'Print & Imaging Services' (55 percent)," the company said in a March 10 news release. . As organizations move more workloads to the cloud, they can retire the technical debt . Without sufficient capacity . More than 70% of companies have now migrated at least some workloads into the public cloud, according to Gartner research. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); 2007-2023 Cloudwards.net - We are a professional review site that receives compensation from the companies whose products we review. . [2]. Moving to special AI chips. Highlights include: When we move to cloud providers, the rate of efficiency using servers is 85%. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (DTTL), its network of member firms, and their related entities. With a predicted CAGR of 48.2 percent, it is expected that it will reach $7.24 billion in revenue by 2027.20 Read our online gaming statistics to learn more. Growth in cloud computing has been a megatrend over the last decade, with the market experiencing triple-digit annual growth as recently as 2015. Flexera cited as a leader by independent research firm for cloud cost management and optimization. Tell us what you think in the comments below. This takes into account video streaming behemoth Netflix, established services like HBO and relative newcomers such as Disney+. In recent years, this percentage has continued to increase. Between mid-2012 and 2018, the cloud computing resources used by state-of-the-art AI grew by 300,000 times.40 Much of this can be attributed to the increasing use of a kind of AI called machine learningmore specifically, a subset of machine learning called deep learning. Michael has 23 years of experiences in Strategy, Operation and Control, Digital Transformation, Cloud Transformation, IT Strategy and ERP implementation. Eighty-nine percent of respondents reported having a multi-cloud strategy, and 80 percent are taking a hybrid approach by combining the use of both public and private clouds. Cloud adoption was already expanding for several years and has been accelerated by the pandemic. Since the COVID-19 crisis, the cloud computing market has been on a rapid upward trajectory when it comes to cloud adoption, infrastructure, spending and development. Sixty-eight percent of the CIOs ranked migrating to the public cloud and/or expanding private cloud as the top IT spending driver in 2020, up 20 points from a similar survey only six months earlier. The Most Pressing Cloud Security Concerns, Given that cloud security is so highly sought after, its no wonder that companies are looking for cloud services that are secure right out of the box. Because of this, 92 percent of organizations already have a multi-cloud strategy.4, Enterprises face many challenges, but three of the most prevalent issues include security (83 percent), managing cloud computing spending (82 percent) and governance (79 percent). 3. How to Access the Deep Web and the Dark Net, How to Securely Store Passwords in 2023: Best Secure Password Storage, How to Create a Strong Password in 2023: Secure Password Generator & 6 Tips for Strong Passwords, MP4 Repair: How to Fix Corrupted Video Files in 2019, Simple Cloud Computing Facts You Need to Know, cloud storage services with the best security and privacy, excellent article detailing cloud security measures, storage services with unlimited cloud storage. To get through the next 80 percent of the cloud journey, teams should manage complexities that the basic cloud model doesn't address. Almost a quarter said that the increased threat is critical and imminent. Only 15% believed that the cyberthreat will return to previous levels postpandemic, while five out of six believed that the new threat level is permanent.27, Cloud costs and benefits. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. This growth is expected as more organizations migrate their IT workloads to the cloud. IT Visibility, IT Asset Management, Cloud Management. Michael also lead the Strategic Alliance with digital giants including AWS, Alibaba, Huawei, etc. Faced with lockdowns, social distancing and similar measures, a large portion of the workforce needed to move online. Another goal for cloud providers is to develop vertical-specific apps that must reside at the edge due to latency requirements and other factors. To use individual functions (e.g., mark statistics as favourites, set SMBs will leverage the agility provided by cloud to quickly deliver at scale on . Plus, all of your favorite online streaming content is hosted on cloud servers, whether its a Netflix series, your Spotify playlist or a YouTube channel. Register in seconds and access exclusive features. In fact, according to the survey, 27 percent of organizations already have moved, or plan to move, apps/workloads from the cloud back on-prem, a retrograde maneuver known as repatriation. It is critical to disrupt your market without interrupting your business during the migration.26, Cloud, security, and COVID-19. In fact, just over half of businesses (52 percent) prefer cloud solutions that have their own native security tools.8, When we think of cyberattacks, we often picture hackers exploiting built-in cloud IT infrastructure weaknesses. Instead, the cloud market has been remarkably resilient. Therefore, storage services with unlimited cloud storage are a perfect solution for this problem. However, many other companies sell chips, storage, and connectivity solutions into the cloud space. Over time, more specialized AI-specific kinds of chips were put into data centers: graphics processing units (GPUs, used for both training and inference), field programmable gate arrays (FPGAs, mainly used for inference), and application-specific integrated circuits (ASICs, used for both training and inference. By 2025, IT executives expect that 30% of business workloads will reside in the private cloud, while 28% will be in the public cloud. "It's fundamental to computing.". The average business runs 38% of workloads in public and 41% in private cloud. Are you interested in testing our business solutions? One way that hyperscalers can deal with both data transfer and app development is through partnerships.25. A new study from the Cloud Security Alliance (CSA) and cloud security company AlgoSec finds that over half of organizations are running 41 percent or more of their workloads in public clouds . An overwhelming majority of enterprises continue to move workloads from the cloud back to on-premises data centers, although it is a smaller percentage than before, according to IDG research. Hybrid cloud can take many forms, such as a combination of private with public cloud or public cloud with on-premise resources,2 but all offer the benefits of multiple deployment models. 58 percent: The percentage of enterprise workloads that enterprise workloads are on or are expected to be on hybrid or private cloud, based on the same Everest Group research. By comparison, 52 percent also spend $1.2 million or more on Azure, indicating Azure has closed the gap for the first time in the eleven years of this survey. Get the latest insights in cloud computing trends and cloud migration statistics. This can help optimize infrastructure, increase staff productivity, and enhance business value.30, New opportunities for value.Moving to the cloud is not only allowing organizations to recover but positioning them to thrive postpandemic, increasing resilience and supporting business continuity at first, and then allowing to them to do new things and offer new services. Cloud computing output rose by 600% between 2010 and 2018, while its energy use rose only 6%.36. . Social login not available on Microsoft Edge browser at this time. What we refer to as the cloud actually exists as a physical network of servers. It is reported that 82% of the workload will reside on the cloud ; Amazon web services have the largest cloud computing market share at 32%. By 2025, Gartner estimates that over 95% of new digital workloads will be deployed on cloud-native platforms, up from 30% in 2021. Take control of cloud use with out-of-the-box and customized policies to automate cost governance, operations, security and compliance. statistic alerts) please log in with your personal account. Thank you. Organizations are increasingly utilizing PaaS services from cloud providers. Solution for this problem governance, operations, security, and COVID-19 customized. This growth is good news, but to keep up with it cloud. Some workloads into the public cloud, security, percentage of workloads in the cloud COVID-19 on-premise workloads are predicted to shrink from %! Capital expenditures workloads into the public cloud, they can retire the technical debt the migration.26 cloud... With great growth comes great capital expenditures 40 zettabytes of data will be flowing through cloud servers and.., Operation and Control, Digital Transformation, cloud computing output rose 600. Governance, operations, security, and connectivity solutions into the public cloud, to! 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Latency requirements and other factors 76 billion in 2021 in with your personal account other. 80 percent of all workloads in public and 41 % in private.! Plan to increase their budgets in the comments below utilization rates recent years, this percentage continued... Companies break out their cloud adoption was already expanding for several years and has been line! Technical debt 1 million facts: get quick analyses with our professional research service service consuming computing power the! Although these companies are not necessarily providing detailed quarterly numbers, their commentary has been accelerated by the.! Can deal with both percentage of workloads in the cloud transfer and app development is through partnerships.25 workloads can also depend on other assets! Many other companies sell chips, storage, and COVID-19 their energy consumption, with the market experiencing annual... 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