Gartner Says 28% Of Spending In Key IT Segments Will Shift To The Cloud By 2022
Analysts to explore cloud trends at Gartner Symposium, October 29-November 1 on the Gold Coast, Australia.
Twenty-eight percent of spending within key enterprise IT markets will shift to the cloud by 2022, up from 19% in 2018, according to Gartner, Inc. Growth in enterprise IT spending on cloud-based offerings will be faster than growth in traditional, non-cloud IT offerings. Despite this growth, traditional offerings will still constitute 72% of the addressable revenue for enterprise IT markets in 2022, according to Gartner forecasts.
“The shift of enterprise IT spending to new, cloud-based alternatives is relentless, although it’s occurring over the course of many years due to the nature of traditional enterprise IT,” said Michael Warrilow, research vice president at Gartner. “Cloud shift highlights the appeal of greater flexibility and agility, which is perceived as a benefit of on-demand capacity and pay-as-you-go pricing in cloud.”