Monday, January 9, 2012

5 Surprising Cloud Computing Statistics

The year 2011 has seen many businesses turning to the clouds for their software for accounting computing. Topics and issues on accounting software online and Cloud Computing have become one of the favored topics of discussions and debates among the IT community.

In recent months, countless polls and surveys have been conducted, with the focus of making improvements on the people’s understanding of the cloud computing market and industry trends.

Here are the 5 key Cloud Computing statistics from 2011:

1. The size of the Cloud Computing Market by 2013 will $150 Billion. With more and more businesses just recently starting to turn to the clouds as they feel the pressure to move into cloud computing, it is no longer a surprise that experts like Merrill Lynch’s research predicts that the cloud computing market will be worth $160 billion by the 2013, the same with other experts who has predicted that market will grow at such a high rate in the next few years.

2. The Amount’s AWS expects to earn Million in 2011 was $750. Since it started, Amazon’s Web Services have been providing businesses with an infrastructure web services platform based in the cloud. Their offering, which started in 2006, has hit a revenue of around $500 Million in 2010, which is an estimate based on research done by analysts at UBS, a financial analyst firm based in Switzerland.

3. 7 out of 10 companies are using cloud services that will move new applications to the cloud. According to statistic based on a study conducted by Mimecast, a company that offers Software as a Service enterprise e-mail, many companies have started their transition into the cloud with a small “trial;” testing it with only some of their infrastructure, applications, or data. It is then expected that a large portion of the industry growth in the next few years will be from the companies who are happy with their “trial period” and are ready to make the transition to the cloud.

4. 54% of respondents have citied security as their top concern for transitioning to the cloud. According to a recent survey conducted by LinkedIn with 7052 respondents, security has been the top deterrent for many businesses looking to use cloud computing in their company. This is especially true for those industries that make use and store sensitive data such as the financial and healthcare industries.

5. 60% of server workloads will be virtualized by 2014. According to a research conducted by Gartner, the research revealed that many companies are now feeling pressure to go to the clouds for their computing as consumers and businesses alike are now realizing that the cloud offers a variety of solutions to problems that plague computer-users daily.

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