Adoption of cloud technology is no longer debatable – the question is how fast organisations are transitioning their business applications to the cloud.
An IDC research has predicted that by 2020 cloud technologies will no longer be categorised into public or private clouds, and will become the universal standard for how infrastructure is deployed for data-demanding and transaction-intensive business applications.
Investments in cloud technology are forecast to double over the next year by 2019, with public cloud services demand expected to soar at just over 19% annually.
The transition to cloud technology is fueled by the growing needs of enterprises with regards to the following:
Business Data Management
The increasing amount of business data and the need to constantly store and manage information has become a top priority for enterprises. On-premise network solutions are becoming costly, inefficient, and difficult to manage.
In a review by Microsoft in partnership with IDG Research Services, almost 42% of surveyed organisations justified data management needs as a key priority to make the transition to the public or hybrid cloud based on their data management needs.