Cloud Computing Adoption Rate Among Companies Continues to Grow

Cloud Computing Adoption Rate Among Companies Continues to Grow

A new study shows just how fast companies are making the switch over to cloud computing.

According to Forbes, the IDG Enterprise Cloud Computing study found that 69% of all enterprises have now adopted some form of cloud technology, infrastructure or cloud solutions — up an amazing 12% from 2012.

Investments in cloud solution providers and cloud server solutions have also increased by 19% in larger companies and organizations, the study found. These companies now spend an average of $3.3 million per year on cloud computing solutions, according to Forbes.

Perhaps most indicative of cloud’s current state is the fact that about 24% of all IT budgets will be allocated in cloud technologies in 2015 — with most of this money going into Software as a Service (SaaS) cloud computing solutions, the study found.

An increasing number of businesses worldwide have turned to cloud computing for the many benefits it offers in terms of scalability, cost-effectiveness, security and more. Because of the numerous benefits this technology offers, it’s no surprise that cloud computing is growing at its current trajectory.

Already, about 14% of American companies have been able to downsize and save money as a result of switching its information and data over to a cloud computing service. Cloud computing technology also opens up wider possibilities for telecommuting, allowing workers to access their work from anywhere at any time.

So while only 32% of Americans may think of cloud computing as a thing of the future, it’s increasingly apparent that the cloud is very much a thing of the future, and will only continue to be more relevant to the present.

What are your thoughts on this study’s findings? Do you think cloud computing will continue to grow, or will it eventually fade away into obsolescence? Let us know what you think by leaving a comment below. References.