Six Facts About Cloud Computing You Should Know!
Cloud computing has become the most sought-after IT technology of today’s age. With more and more businesses preparing for cloud migration, it’s only wise for your business to do the same. Secure, agile, and scalable cloud computing has benefited individuals and businesses alike.
Here are some of the most interesting facts about cloud computing that you must not miss out on!
Cloud has Taken Over the Business World
Cloud adoption has been on the rise ever since 2014. Over 91 percent of businesses have adopted the cloud, with over 30 percent on private clouds. Further, cloud migration is the first consideration of businesses looking for cloud adoption strategies.
Finance Industry is the Biggest Cloud User
The US government, banks, Fintech, and many others are on the cloud. However, the universal sharing network is mostly used by the finance industry. Ever since PayPal, Bitcoin, and e-payments became popular, cloud adoption in the financial industry has rapidly increased.
AWS is the Leading Cloud Player
While the finance industry is the biggest user, Amazon Web Services cloud is the most used cloud network. Amazon enjoys a 33 percent share of the cloud computing market, with competitors like Microsoft Azure and Google cloud following behind.
Cloud is Growing, Day by Day
The cloud has been growing ever since it came into existence. However, after 2020, the cloud adoption rate has tremendously increased due to WFH and cybersecurity concerns. It’s expected to become an almost $800 billion market by 2025.
Trillion Gigabytes of Data Expected on the Cloud
The universal cloud services will be hosting at least ten zettabytes of data by 2025. One zettabyte is equal to a trillion gigabytes! Such is the magnitude of a cloud network that has the potential to store data of the whole world and still not run out of space!
Get On the Cloud Today
Cloud adoption is essential for all businesses to succeed. If you’re on the lookout for cloud migration solutions in Princeton, then contact Continuum Innovations. The New Jersey-based AWS consulting partner provides cloud migration consultancy to all businesses.
