15 Interesting Facts About Cloud Computing You Never Knew Until Now

Every day, you use different cloud-based applications unknowingly. Every time you send a file to your fellow colleagues via the web, you are benefiting from cloud solutions. Cloud computing generated more than $300 billion USD in revenue in 2020.

The past year has been a crucial year for the cloud as it played a lead role in providing remote work solutions. It also allowed many organizations to fuse existing processes with novel cloud technologies to allow for greater flexibility during these harsh times.

The correct definition of cloud computing includes various kinds of services over the internet. So let us first clear what cloud computing is and how it really works.

What Cloud Computing Is, How It Really Works?

Whether it is a mobile application, a downloaded image, Netflix show, or playing an online video game, you use cloud computing every single day. All of these services exist in a digital space and are stored in the cloud.

Saving information on SharePoint, OneDrive, or even an email server is much different from keeping that data on a hard drive or a USB drive. And not to mention the obvious, that data can be accessed from any device that has access to the internet.

For organizations and businesses, cloud computing means improved productivity and collaboration as well as important cost reductions. It means better data security, enhanced availability, and extended access to cutting-edge technologies.

15 Interesting Facts about Cloud Computing in 2021

Let us move to the interesting facts about Cloud computing.

Fact #1: Cloud adoption has increased to almost 95% during the COVID-19 pandemic

COVID-19 gave the push that was required to make businesses understand the importance of cloud computing and its adoption.

Fact #2: Global spending on cloud services is expected to surpass $1.1 Trillion USD by 2024

According to IDC, while maintaining a double-digit compound annual growth rate (CAGR) of 15.7%, overall global spending on cloud services, the software and hardware components underpinning cloud services, and the managed and professional services opportunities around cloud services will exceed $1.1 trillion in 2024.

Fact #3: Cloud infrastructure services are the fastest-growing cloud services with more than 40% growth

IaaS (Infrastructure as a Service) is a kind of cloud computing in which the provider hosts the infrastructure that would be there on-site and traditional data center.

Fact #4: Amazon is still by far the most dominant IaaS cloud provider with a market share of 33%

Many of the websites we visit and apps we use regularly, run on Amazon’s servers making it the most dominant IaaS cloud provider.

Fact #5: Smaller organizations are the most passionate about cloud business intelligence

Cloud computing is 40X more cost-effective for small and medium sized businesses (SMB) as compared to running an in-house IT system.

Fact #6: 69% of organizations have created new cloud-based positions in their IT departments

As we know with greater power comes greater responsibilities, with the demand for Cloud computing rising, the demand for cloud experts also touched the peak, which resulted in more cloud-based jobs in IT departments.

Fact #7: Less than half of the organizations are encrypting data on the cloud, and that is a thing to be worried about

Encrypting the data stored on the cloud is really important for an organization because a firm may lose its entire fortune with the data leak.

Fact #8: Only one-third of firms find traditional network security tools still work well in the cloud

Staying up to date is necessary for every business from the technological aspect. But there are some, who wish to use outdated tools as they are accustomed to them and don’t like to adapt to changes.

Fact #9: Budgets and training staff are the biggest things preventing companies from migrating to cloud-based security solutions

The increased cost has always been a great factor that prevents many businesses from migrating to a better solution, and in this case, it is Cloud computing.

Fact #10: Container-as-a-Service, Internet of Things, and Artificial Intelligence are the fastest-growing cloud services

CaaS, IoT, and AI are no doubt the fastest growing cloud services because of the increasing usage and demand for the latest and trendy technologies.

Fact #11: Did you know that almost 70% of organizations utilizing cloud services presently are planning to enhance their cloud spending in the wake of the disruption caused by COVID-19?

COVID-19 has disrupted multiple plans for the future and growth of organizations. That is why now those organizations are fighting back and planning to migrate to a better solution which will definitely give them exposure and open the closed doors to their growth.

Fact #12: For every 120 tablets or 600 smartphones in use, a new cloud server is added

As mobile device usage increases, the need for more cloud servers arises, and to fulfill that requirement, new servers are added.

Fact #13: According to industry experts, 40 Zettabytes of data will be held in the cloud by 2022

40 Zettabytes is indeed a huge figure, that just means how much data is stored on the cloud servers.

Fact #14: In a survey of security professionals, 94% believed that the pandemic and cloud migration increases the level of cyberthreat

Exploiters just need an opening or crack which they can utilize in order to gain access to the organization’s important data which is stored on cloud servers. This data can be used to make or break a company’s entire fortune. Thus, the need for securing and encrypting the cloud data arises.

Fact #15: More than $1.3 trillion USD in IT spending will be influenced by the migration to the cloud by 2022

The migration from traditional to cloud-based systems will definitely affect IT spending because of the increased costs and release of more cloud-based jobs.

Here is an infographic for you covering every point mentioned above.

EndNote

This pandemic gave us the challenge to keep growing by staying indoors and adapting the technologies that let us do our work from staying indoors only. And it is clear that customers don’t just view organizations as a catalog of their top goods and services, but also as a representation of values. So, in order to grow, you need to adapt, and if you get stuck anywhere doing that don’t worry at all. We, at Klizo Solutions, help our clients to adapt and continue growing by providing the best in class value-driven services. You just need to take the first step, and that is to call us or contact us!