Thats not all SaaS processes will account for 75 percent of the total workload. Are you interested in testing our business solutions? After applying for a job in this country, you can access/update your candidate profile at any time. Google Cloud Platform, Oracle Cloud Infrastructure and IBM Cloud round out the top five. Unsurprisingly, 75 percent of enterprises point to cloud security issues as a top concern.8 Of those, 33 percent of respondents are extremely concerned, 42 percent are very concerned, while only 25 percent in total were unconcerned to moderately concerned. Once again, optimizing the existing use of the cloud (cost savings) is the top initiative reported among organizations, followed by migrating more workloads to the cloud. We strive to eventually have every article on the site fact checked. (LogicMonitor, 2020) Meanwhile, 20% of businesses spend over $12 million on public cloud annually. Copy a customized link that shows your highlighted text. A multi-cloud strategy revolves around utilizing multiple cloud service providers such as Google Cloud or AWS. . . Cybersecurity Insiders, & Fortinet. "Share of workloads in the cloud among organizations worldwide as of April 2021." )43 Although power efficiency varies by the exact chips and tasks, at a high level, GPUs are 10100 times more efficient than CPUs at training and 110 times as efficient at inference; FPGAs are 10100 times more efficient at inference; and ASICs are 1001000 times more efficient at both training and inference.44 As more of these AI-specific chips are deployed in data centers, data center efficiency should keep improving. You need a Statista Account for unlimited access. 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. 71% of enterprises look for speed improvements, 63% . The intelligent edge places computing power, specifically AI computing power, not in centralized data centers but closer to the end user, typically less than 50 kilometers. 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. To get access to all of your favorite shows, you will need to use a VPN. As a result, we see pockets of spending deceleration even at these companies.14. Cybersecurity Insiders, and Fortinet. Depending on where you live, you may not be able to stream all the TV shows and movies you like. DTTL (also referred to as Deloitte Global) does not provide services to clients. Cloud data centers will process 94 percent of all workloads in 2021. Instead, the cloud market has been remarkably resilient. This is because companies can't afford to run out of server capacity. In the RightScale 2018 State of the Cloud Report, 96 percent of IT professionals surveyed said their companies were using cloud computing services, and 92 percent were using the public cloud.On average, organizations are running about 40 percent of their workloads in the cloud, and that percentage is growing. Companies that have shifted their offerings to an XaaS model have already experienced considerable success with both consumers and investors, challenging conventional valuations and placing pressure on industry players that are retaining traditional business models such as perpetual licensing and long-term contracts.20. What we refer to as the cloud actually exists as a physical network of servers. To stay logged in, change your functional cookie settings. See Terms of Use for more information. At the time of the study, the percentage of organizations with a cloud IT infrastructure revolved around the 45% mark. The respondentsglobal cloud decision makers and usersrevealed their experiences with cloud migration, cloud computing, and their insights about the public, private and multi-cloud market. When viewed at the total company level, very few systems will be only on-premise, only public cloud, or only private cloud. That's not all SaaS processes will account for 75 percent of the . . By 2021, 33% of surveyed enterprises were running over 50% of their workloads on the cloud, indicating that this trend will continue to increase over time. A simple process could often turn into a fog of conflicting goals, broken dependencies, and cost overruns. Currently, you are using a shared account. "That means that there is more complexity to manage . In, Cybersecurity Insiders, und Fortinet. "It's fundamental to computing.". A multi-cloud approach is still the de facto standard among organizations. Please create an employee account to be able to mark statistics as favorites. 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. The percentage of cloud-based application software expenditures will rise from 57.7% in 2022 to 65.9% in 2025. . WORKLOADS IN THE CLOUD What percentage of your workloads are in the cloud today compared to how it will be in the next 12-18 months? To get through the next 80 percent of the cloud journey, teams should manage complexities that the basic cloud model doesn't address. Azure pricing as of 30 October 2018 (prices subject to change). However, the truth is far less dramatic than this and mostly comes down to mistakes made by employees. With more than 25 years of experience, he has steered large-scale digital and enterprise transformations, helping to enable enhanced market competitiveness for some of the worlds most influential brands. Most deployments will likely use a combination of a public cloud and a private environment that remain distinct entities but are bound together, an approach known as hybrid cloud. Cloud Customers Consume 77% Fewer Servers Let's first look at server utilization and the number of servers required to support a given group of workloads. Its time to revitalize, rebuild and reimagine the future. SMBs run fewer and smaller workloads, so it stands to reason their cloud bills would also be lower. Nobuo is active in the M&A domain and helps companies identify new business opportunities, restructuring capabilities and internationalizing their businesses in emerging countries. Not only were assets up, but so was performance, with the three cloud ETFs yielding an average year-to-date return of 47% as of October 30, compared to only 22% for the NASDAQ and 1% for the S&P 500.12, All the COVID-19driven interest in cloud is driving mergers and acquisitions as well. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. According to the report, 52% of those who moved workloads from the cloud back on premises said either . However, she said, 81 percent of customers reported the repatriation of workloads from public clouds to on-premises private cloud, hosted private cloud, or on-premises non-cloud infrastructures, a . The second most popular cloud storage service Dropbox has a huge following as well, with over 700 million reported users, according to its financial statements.24, In 2020, the total worth of the market was $371.4 billion. 1The 72 percent saving is based on one M32ts Azure VM for Windows OS in US Gov Virginia region running for 36 months at a Pay as You Go rate of ~$3,660.81 per month; reduced rate for a three year Reserved Instance of ~$663.45 per month. Cloud Data Centers Dominate Workload Processing. So with the same energy, we are managing . By 2022, the adoption of cloud technologies by other countries will fall behind the US by several years. This statistic offers a forecast of cloud workloads as a percentage of total data center workloads, from 2011 to 2021. Thirty-three percent reported spending $1.2 million or more on Google Cloud Platform. Cloud computing platforms include everything from cloud storage to streaming content. Initially, all AI computing took place on general-purpose central processing unit (CPU) chips. The driving factors behind this increase can be attributed to a greater generation of large data sets, which in turn necessitates more file storage. Most enterprises have, on average, only about 20-40 percent 2 of their workloads in the cloud, most of which are the easier, less complex ones. Beena Ammanath, Susanne Hupfer, and David Jarvis. Data and IT security (74%), regulatory reporting (57%), and fraud detection and prevention (57%) rank among the highest workload adoption. By some metrics, growth was more or less flat in 2020; by some other ways of measuring growth, it increased faster than in 2019, even in the face of the steepest economic contraction in modern history. The five largest hyperscale public cloud providers that disclose segmented revenues saw their combined revenues grow by 31% in 2019 to US$94 billion. 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. This will create new roles . Though chip spending and cloud revenues are not perfectly correlated, they are connected in the long run, with growth in chip revenues usually being a leading indicator: The chips need to be bought and installed in the data centers before the cloud revenues start flowing.9. [2] (May 31, 2021). . As the leader of Deloitte China Cloud Practice as well as Tech Strategy practice, Michael provides Tech Strategy, Cloud and Digital Transformation service to many large organizations covering industries like Consumer Product, Retail, Energy &Resource, Industry Products, FSI, etc. Revenues for 2020 are likely to be over US$125 billion, increasing tomore than US$160 billion in 2021.7 And although percentage growth was down three points in the first nine months of 2020 compared to all of 2019, it is worth noting that in absolute dollar terms, the total hyperscale market (not just the five largest) grew more in 2020 than in 2019. Find out how. On-premise versus cloud workload. In fact, 76 percent measure their cloud progress according to cost efficiency and the savings they made thanks to cloud. Balancing on-premises and cloud workloads On-Premises vs. 2. The survey also posed to 600 medium to large organizations what percentage of infrastructure operations belonged to: On-premises legacy environments; Public cloud workloads; Private or hybrid cloud workloads Total 2020 revenues are likely to exceed US$35 billion, and could top US$40 billion in 2021. Going forward, cloud can support benefits including collaboration, automation, scale, innovation, and agility.31 For example, with regard to innovation, two-thirds of respondents in a 2018 Deloitte survey said that cloud fully allowed them access to the newest technologies.32 Another study showed that 93% of companies surveyed used the cloud for some or all of their AI needs, requiring less investment in infrastructure and expertise.33. So look . On-premises data centers typically have fairly low server utilization rates. Cloud Workloads. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Prepandemic, cloud migration was already often complex. Organizations are increasingly utilizing PaaS services from cloud providers. Cloud Computing's Catch-22. 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. This means tackling three major challenges: 1. In 2017, the global cloud storage market was worth around $30 billion and it steadily rose to more than $61 billion in 2020. Deloitte analysis of publicly reported quarterly financial statements. Even if we disregard these, current cloud computing stats speak volumes about the state of cloud computing and where its headed. 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. Please do not hesitate to contact me. Go straight to smart with daily updates on your mobile device, See what's happening this week and the impact on your business. And the siloed and disjointed approach of yesterday will no longer be effective in todays fast-evolving digital world. The three major types of cloud computing are: Infrastructure as a Service (IaaS), Software as a Service (SaaS) and Platform as a Service (PaaS). One thing fueling the drive to the cloud is the explosion in SaaS workloads. However, a workload should have defined boundaries regarding . ", Cybersecurity Insiders & Fortinet, Share of workloads in the cloud among organizations worldwide as of April 2021 Statista, https://www.statista.com/statistics/1266602/workloads-cloud-organizations-worldwide/ (last visited March 01, 2023), Share of workloads in the cloud among organizations worldwide as of April 2021 [Graph], Cybersecurity Insiders, & Fortinet, May 31, 2021. 2023. The second is that AI is making up a higher and higher percentage of cloud computing. 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. There are three main types of cloud computing deployments: public cloud, private cloud and hybrid cloud. There are good reasons to believe the 15% . According to one Canadian AI researcher, The concern is that machine-learning algorithms in general are consuming more and more energy, using more data, [and] training for longer and longer.41. Those observations track with the results of the Fortinet survey. 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. Looking at the global cloud market by region, North America is leading the race, with 61 percent of the market total in 2020. The cloud. What was once a trendy, science fictionsounding buzzword has become an inescapable part of our everyday personal and professional lives. This is especially true when cloud adoption happens faster than proper due diligence can be applied by information security personnel. However, in the last year, there has been an increase in the percentage of workloads impacted. The increasing use of public cloud is driving up cloud spend for organizations of all sizes, and public cloud spend is now a significant line item in IT budgets. In 2021, this is expected to increase by 23.1 percent to a staggering $332.3 billion. The service gives you access to a Windows cloud computer that works exactly like a physical one does. Simply put, a workload is about "putting elements together to get data, finding out what something means or developing something," said Judith Hurwitz, president and CEO of Hurwitz & Associates and author of Cloud Computing for Dummies. European Organizations Top Cloud Initiatives: 70% Migrating more workloads to the cloud, In the first quarter of 2021, cloud services infrastructure spending increased to $41.8 billion on a global level. Defy status quo, build momentum, stimulate ideas., achieve ambitious goals. 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. 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. [2] 70% Migrating more workloads to the cloud 59% Optimizing cloud use to cut costs 50% Advancing a cloud. 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. Innovation, transformation, and leadership occur in many ways. In 2021, 63 percent of respondents expect to be running 41 percent or more of their workloads in public cloud, indicating that adoption of public cloud will only continue. Nominations are now open for our 2022 ranking! The hyperscalers still offer remarkably good value for ad-hoc cloud infrastructure needs where the workload is highly variable or high-growth. As one example, the next-generation AI GPU Tesla T4 from Nvidia doubled the energy efficiency for inference AI compared to its predecessor, Tesla P4.45, Moving some AI processing to the edge. . A recent survey from LogicMonitor found that 83% of enterprise workloads are now in the cloud. Moving to special AI chips. 57% of businesses will migrate their workloads to the cloud in 2022. The cloud workloads summary breaks down cloud approaches used by respondents like this: Public cloud: 40 percent; On-premises legacy: 31 percent; Private/hybrid cloud: 29 percent; The most popular workloads across all three approaches are: databases, analytics and web/content hosting, as shown here: Information security personnel central processing unit ( CPU ) chips company level, very few systems be. 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