Key Cloud Computing Statistics

Here are some key cloud computing statistics that highlight the growth and adoption trends of this strategic technology:

Cloud spending

• By 2015, end-user spending on cloud services could be more than $180 billion
• By 2014, businesses in the United States will spend more than $13 billion on cloud computing and managed hosting services
• It is predicted the global market for cloud equipment will reach $79.1 billion by 2018
• 59 percent of all new spending on cloud computing services originates from North American enterprises, a trend projected to accelerate through 2016

Cloud adoption

• Throughout the next five years, a 44 percent annual growth in workloads for the public cloud versus an 8.9 percent growth for ‘on premise’ computing workloads is expected
• More than 60 percent of businesses utilize cloud for performing IT-related operations
• 545 cloud services are in use by an organization on average

Cloud data

• More than half of survey respondents say their organization currently transfers sensitive or confidential data to the cloud
• There’s an estimated 1 Exabyte of data stored in the cloud

Cloud impacts

• 82 percent of companies reportedly saved money by moving to the cloud
• 80 percent of cloud adopters saw improvements within 6 months of moving to the cloud
• 14 percent of companies downsized their IT after cloud adoption

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Brian

Managing Partner at meshIP, LLC

Brian Byrne is the founder and Managing Partner of Dallas based meshIP, a technology services firm offering cloud computing strategies and services. He is an accomplished executive with senior management experience in all facets of the technology, telecom, cloud computing, and SaaS industries. He has proven success in developing, financing and executing strategic plans as well as launching new ventures. His background includes a record of significant achievement in international business development and his credentials include a MBA in Marketing and Management Strategy from the J.L. Kellogg Graduate School of Management at Northwestern University, a MS from the School of Computer Science at DePaul University, and a BBA in Finance from the University of Notre Dame.

He is also the inventor of the patented meshDETECT, Secure Prison Cell Phone Solutions.

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