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Statistics of Cloud Adoption and Migration

Posted 6.2.22 by
Tommy McShane
Blog

 

Cloud adoption and migration are hot topics in the business world today. Many organizations are making the switch to the cloud for good reasons. The cloud offers a variety of benefits that can help improve business efficiency and performance. In this blog post, we will discuss the benefits of cloud adoption and migration, as well as the different types of cloud computing. Are you ready to learn more? 

 

A Look at the Growing Trend of Cloud Technology and What Is Driving It 

 

There’s no denying that cloud adoption and migration are on the rise. But just how widespread is it? And what are the statistics behind this growing trend? According to a recent study by Markets and Markets, cloud adoption will continue to grow at a compound annual growth rate (CAGR) of 16.3% between 2021 and 2026. 

 

Similarly, according to Gartner’s research, 95% of data workloads will be hosted in the cloud by 2025, up from 30% in 2021. They predict that over 95% of businesses will use cloud computing by 2025. That’s an incredibly rapid growth rate, and it’s easy to see why. Cloud computing offers numerous advantages over traditional on-premises hosting, including increased flexibility, scalability, and cost savings. 

 

But just how much are organizations saving by moving to the cloud? Following a report by BCG, companies can save 15-40% on infrastructure costs by migrating to the cloud. And for some companies, the savings can be even greater. 

 

What Are the Types of Cloud Computing? 

 

Cloud computing is a relatively new concept that has gained popularity. It refers to remote servers, typically located off-site, to store, manage, and process data. This type of computing allows businesses and individuals access to information and applications from any location with an internet connection. Here are three popular types of cloud computing: 

 

Public Cloud  

 

Public cloud is a type of cloud computing that delivers services over the public internet. This type of cloud is owned and operated by a third-party service provider, making it available to anyone who wants to use it. It’s the most popular type of cloud computing, as it offers a number of advantages, such as pay-as-you-go pricing and scalability. Amazon Web Services (AWS) is an example of a public cloud. 

 

Private Cloud 

 

Private cloud is a type of cloud computing that delivers services to users within a single organization and isn’t available to the general public. Private clouds are usually owned and operated by the organization itself, which gives it more control over the security and privacy of its data. They can be built both off-premises or on-premises, and are managed by either in-house IT staff or a third-party provider. 

 

Hybrid Cloud  

 

Hybrid cloud is a type of cloud computing that combines both public and private clouds. Hybrid clouds allow organizations the flexibility to choose which type of cloud best suits their needs for each application or workload. If you’re coming from a traditional on-premises approach, hybrid cloud can feel like a step backward. You’re still responsible for managing hardware, provisioning virtual machines, and dealing with other infrastructure headaches. However, if you’re coming from a pure public cloud approach, hybrid cloud can be a revelation. 

 

5 Benefits of Cloud Computing 

 

As businesses increasingly move towards digital operations, the demand for cloud computing is growing rapidly. Cloud computing provides a versatile and scalable platform that helps businesses boost productivity and efficiency. Here are five key benefits of cloud computing: 

 

Security 

One of the significant benefits of cloud computing is enhanced security. Cloud providers invest heavily in security measures to protect their data centers and customers’ data. They use various tools and techniques to secure their infrastructure, including firewalls, encryption, and intrusion detection and prevention systems. 

In addition, cloud providers have teams of security experts who are constantly monitoring the security of their systems and responding to any threats. This provides an extra layer of protection for businesses that may not have the resources to invest in their security measures. 

 

Cost Savings 

Cloud computing is a great way to eliminate the expense of maintaining and supporting equipment. It makes it possible for businesses not only to reduce their spending on hardware but also on other expenses like labor costs or power consumption that come with operating physical servers in-house. 

 

Flexibility & Scalability 

The scalability and flexibility of cloud computing are two other significant advantages. Clouds can be easily scaled up or down to meet changing business demands. Their scalability makes them ideal for businesses that experience seasonal spikes in demand. Cloud computing is also highly flexible, allowing businesses to adapt to change quickly. 

 

Disaster Recovery 

Another significant benefit of cloud computing is that it can help businesses recover from disasters more quickly and easily. With on-premises systems, if a disaster strikes, businesses may have to wait days or weeks to get their systems up and running again. However, with cloud computing, businesses can simply spin up new virtual machines and get back to work almost immediately. 

 

Sustainability 

Cloud computing can help businesses reduce their environmental impact and become more sustainable. By using resources on-demand, businesses can avoid wasting energy on idle capacity. Cloud providers also invest heavily in renewable energy, so businesses can further offset their emissions. 

 

Bottom Line 

 

The trend of cloud adoption and migration is rapidly growing due to the many advantages that cloud computing offers over traditional on-premises hosting, including increased flexibility, scalability, and cost savings. Companies can save 15-40% on infrastructure costs by migrating to the cloud, and the top three reasons for doing so are reducing IT costs, increasing agility and flexibility, and improving disaster recovery. 

 

If you’re thinking about migrating to the cloud, Otava can help. We’re a cloud computing provider with years of experience helping businesses make the transition. We offer a wide range of services, including cloud migration, data backup, recovery, and much more. Contact us today to learn more about how we can help you take advantage of cloud computing.  

About Otava

Otava provides the secure, compliant hybrid cloud solutions demanded by service providers, channel partners and enterprise clients in compliance-sensitive industries. By actively aggregating best-of-breed cloud companies and investing in people, tools, and processes, Otava’s global footprint continues to expand. The company provides its customers in highly regulated disciplines with a clear path to transformation through its effective solutions and broad portfolio of hybrid cloud, data protection, disaster recovery, security and colocation services, all championed by an exceptional support team. Learn more at www.otava.com.

Get in touch with an Otava Rep today – just provide us with a bit of information below to get started and we’ll reach out to you shortly!