Cloud usage grew 15% from last year, reaching an all-time high. (Skyhigh Networks)
The worldwide public cloud services market is projected to grow 17.3% in 2019 to total $206.2 billion, up from $175.8 billion in 2018. (Gartner)
By 2021, public cloud spending is forecast to reach $277 billion. (Fortinet)
Over 93% of businesses reported having better data security after switching to the cloud. (Software Advisory Service)
83% of enterprise workloads will be in the cloud by 2020; 41% on public platforms, 20% on private, 22% on hybrid. (Forbes)
Enterprise applications account for 70% of cloud services in use while cloud apps intended for consumers represent the other 30%. (Skyhigh Networks)
On-prem workloads will shrink from 37% today to 27% of all workloads by 2020. (Forbes)
21% of files in the cloud contain sensitive data. (Skyhigh Networks)
Software-as-a-service (SaaS) remains the largest segment of the cloud market, with revenue expected to grow 17.8% to reach $85.1 billion in 2019. (Gartner)
Organizations can save $3-5 million dollars per legacy application by inventorying, refactoring, and migrating existing apps when switching to the cloud. (Forbes)
*this eliminates the need to rewrite each application
66% of IT professionals say security is their greatest concern in adopting an enterprise cloud computing strategy. (Forbes)
50% of IT professionals believe artificial intelligence and machine learning are playing a role in cloud computing adoption, growing to 67% by 2020. (Forbes)