Google Cloud Training in Kalyan Nagar

First of all let’s see the main types of services, provided by cloud vendors:

• Software as a Service (SaaS) – Applications which are accessible by the clients via either a web browser or some lightweight applications. Google’s apps (like Gmail, Google Drive, and Google Play) are a perfect example of SaaS and so are popular website builders like WiX and Squarespace.
• Platform as a Service (PaaS) – A place for application development and testing. Think of it as a closed-environment laboratory for app developers.
• Infrastructure as a Service (IaaS) – A vast array of computing resources in a virtual environment. IaaS includes data storage, virtualization, servers, and networking.

In the realm of web hosting, cloud services are often divided into two categories: managed and unmanaged. The latter require technical expertise as the purchaser of the service is responsible for setup and maintenance of the cloud, while the former supplies the technical expertise. The kind and level of technical support received varies from one managed cloud hosting provider to another, but it can be very thorough, indeed.With that taken care of, let’s continue with our stats.

• 89% of companies use SaaS.

  (Source: IDG)

  Although the other delivery models are steadily gaining more ground, SaaS is still the most common one. According to cloud computing stats, four out of five companies use IaaS, and almost two-thirds (61%) use PaaS.

• The revenue from SaaS was expected to reach $85.1 billion in 2019.

  (Source: Gartner)

  Because of SaaS’s massive adoption, this type of service brings a lot of revenue.

  Furthermore, this service is expected to be the top earner all through 2021. Gartner’s forecast predicts the revenue from SaaS alone in 2021 will be $113.1 billion.

  IaaS was in second place with its $39.5 billion for 2019, followed by PaaS with a projected $18.8 billion revenue.

• IaaS is the fastest growing cloud spending service with a five-year CAGR of 33.7%.

  (Source: IDC)

  Although SaaS remains the largest segment in cloud computing, IaaS is picking up speed, in terms of revenue. Actually, all services see an increase in adoption, year-over-year. The infrastructure service just makes progress faster. PaaS spending follows with 29.8% CAGR.

• 75% of all cloud workloads and compute instances will be SaaS by 2021.

  (Source: Cisco)

  According to Cisco, SaaS and PaaS will grow in the years to come. Only IaaS will see a moderate amount of recession, reaching 16% in 2021.

If you’ve reached this part of this post, you’re either really curious about the cloud or thinking of migrating toward it.

If it’s the latter, let’s see if cloud computing stats can help you make the decision.

• Providing access to data from anywhere is the main reason for cloud adoption.

  (Source: Sysgroup)

  When a company decides to adopt a cloud service, the main question is “Why?”.

  Although saving money is a good incentive, it’s not the main reason.

  We live in an age of BYOD workers and flexible working hours. The ability to work outside the office makes companies more global and connected.

  That’s why 42% of them say providing access to data anytime, anywhere, is the main driver for cloud adoption.

  Disaster recovery (38%), flexibility (37%), and relieving IT staff’s job (36%) are amongst the top answers as well.

  Now, we know why companies adopt the cloud. But what type of cloud do they choose?

• Hybrid cloud adoption is 58%.

  (Source: RightScale)

  Almost every enterprise (84%), which uses a cloud, has a multi-cloud strategy. Meaning, they use more than one public or private cloud.

  The hybrid strategy, in particular, fosters certain benefits. According to cloud computing stats, public cloud adoption is 91%, while 72% use a private cloud solution

  Now it’s time to see which industries favor the cloud over traditional data centers.

• Professional services account for 12.2% of the global cloud spending.

  (Source: IDC)

  Professional services (12.2%), discrete manufacturing (11.8%), and banking (10.6%) account for more than a third of the global expenditure. Each sector plans to spend more than $20 billion on cloud services in 2020.

  The cloud computing future trends suggest that process manufacturing and retail also invest heavily in the cloud. They will be the other two industries to feature among the top five spenders in 2022.

  In any case, cloud adoption has its benefits and risks as well.

Although the cloud computing statistics we’ve seen so far look promising, still…

• Privacy and security are the two main roadblocks for cloud adoption.

  (Source: Logicmonitor, IDC)

  Nearly two-thirds of organizations see security as the biggest challenge for cloud adoption.

  Privacy and regulatory issues, along with governance and compliance of cloud services worry more than 60% of enterprises.

  One of the less known cloud computing facts is that more than half of organizations lack staff with cloud experience and this constitutes one of the primary challenges for cloud adoption.

• Almost half of organizations use encryption or other security safeguards to protect sensitive data in the cloud.

  (Source: Gemalto)

  75% of IT experts find managing privacy and data protection in a cloud environment to be more complicated than on premises. With more and more corporate data being stored in the cloud (43% in 2017), this poses a security risk.

  Nevertheless, 53% of companies aim to increase their cloud security using various techniques – like multi-factor identification, for example.

  Cloud computing statistics show security is one of the main concerns for companies, and it does appear they’ve taken precautions.

• Public cloud IaaS workloads will experience 60% fewer security incidents than traditional data centers by 2020.

  (Source: Gartner)

  Automation is the key to removing the potential for human error. Cloud migration isn’t a security trade-off. Companies can benefit from the built-in cloud security.

  Gartner predicts that through 2022 at least 95% of security failures in the cloud will be caused by the customers.

  Being the multi-billion companies that they are, the cloud vendors can create top-notch security and multilayered defense mechanisms. Security is costly and not everyone can afford it.

• Cost optimization is the primary reason for 47% of enterprises’ cloud migration.

  (Source: Opsramp, Skyhighnetworks, Directive)

  The good thing about the cloud is that it has different products that fit any pocket. Also, you pay only for what you use.

  Picture this:

  You own a website that sells Christmas decorations.

  If you use traditional hosting, you pay the hosting company a fixed amount every month.

  How many visitors does your site have from February to October?

  Not that many.

  The weeks before Christmas is when traffic increases immensely.

  And it may lead to your website loading slowly for your visitors… or not at all.

  And even just a slow website hurts your bottom line way too much.

  With cloud computing, this doesn’t happen at all.

  First of all, you pay less (or literally nothing) during the months when your website lacks traffic.

  Second, when the visitors’ number actually increases, the cloud should immediately provide more resources to give your customers the best experience. Once traffic decreases again, the resources are redirected elsewhere, so you don’t have to pay for them in vain.

  Sweet, eh?

  Now back to our cloud computing stats.

  The average savings from cloud migration come to around 15% on all IT spending.

  Small and medium businesses benefit the most, as they spend 36% less money on IT that way.

  While we are on the subject of money, let’s say a few words about cloud expenses around the world.