Cloud data centres will process 94% of workloads in 2021. Regardless of the size of the business, cloud computing can affect the speed and intensity of its growth through several factors. When businesses are on cloud, complex tasks are made simpler and data processing more efficient.
With over 60% of businesses using cloud services, it is obvious that cloud computing is not only here to stay but grow substantially. Here are top 28 cloud computing statistics of 2021 including its adoption, spend, security and usage-
1. More than $30 billion was spend on cloud infrastructure services exceeded during Q2 of 2020.
According to the latest report by Synergy Research Group on cloud computing, the total spend on cloud infrastructure services was more than $30 billion in Q2. There has been $7.5 billion increase since 2019.
2. More than 70% of tech CFOs believe that cloud computing had the biggest impact on their business in 2020.
Forbes reported that more than 70% of CFOs tech CFOs believe that cloud computing had a huge impact on their business in 2020.
4. 84% of IT professionals were concerned for cloud security due to remote work shift in 2020.
(Help Net Security)
Many IT professionals were concerned about the vulnerabilities in the cybersecurity of companies making use of the cloud. Working from home can result in exposure of sensitive company information if the personal device is lost, stolen, or damaged. Introduce a policy of installing verified monitoring app to scan home networks for vulnerabilities, outdated software or default passwords that need to be replaced.
5. The hosting, storage, and computing cloud service market was estimated to grow to $163 billion by 2021.
(Statista)
Statista predicts that future cloud computing industry- hosting, storage, and computing cloud service revenue will amount to $163 billion by 2021.
6. Majority of enterprises used AWS and Azure as their primary cloud platforms in 2020.
(Canalys)
The Amazon Web Services (AWS) platform and Microsoft Azure have emerged as one of the most popular cloud platforms. As of February 2020, Canalys reports AWS with 32.4% of the market, Azure at 17.6%, Google Cloud at 6%, Alibaba Cloud close behind at 5.4%, and other clouds with 38.5%.
7. There were more than 4 billion cloud users in 2020.
According to cloud computing statistics from 2020, there were more than 4 billion cloud consumers, with the number increasing at a head-spinning rate.
Cloud Computing Adoption Statistics 2021
8. 84% of enterprises run on a multi-cloud strategy.
The rise of the hybrid cloud will put an end to the debate regarding whether to go for private cloud or public cloud. Statistics reveal that businesses have difficulty choosing between the two and as a result, look for deploying a mixture of both private and public clouds.
But the implementation of multiple cloud providers undergoes the risk of failure in tracking resources and controlling the expenses. Hybrid cloud puts an end to these concerns as it merges the security and cost-effectiveness of the private cloud with the power-packed performances of the public cloud.
| Sector | Hybrid | Private | Public |
|---|---|---|---|
| Insurance | 73% | 18% | 9% |
| Retail & Logistics | 66% | 21% | 13% |
| Manufacturing | 65% | 19% | 16% |
| Utilities | 62% | 18% | 21% |
| Software & Technology | 59% | 20% | 21% |
9. The enterprise SaaS market currently generates $20 billion by quarter for software vendors.
(Interpole)
Software as a service (SaaS) is responsible for more than half of the total cloud computing revenue all over the world and its revenue has been expanding by 32% a year.
10. 96% of companies started investing in public and private clouds in 2018.
(CIO)
Once cloud services became mainstream, more than 90% of companies began using cloud computing service. Most of these companies that used cloud computing employed either hybrid options or multi-clouds. On average, companies use 2.7 public and 3 public clouds per company.
11. The CAGR for cloud services in the 2020–2025 period is projected to be 24.74%.
The growth of cloud computing stats puts the Asia-Pacific region at the top of the rankings. Currently, the highest rate is in China and India.
Facts on Cloud Computing Usage 2021
12. 90% of enterprises had at least one application or a portion of it in the cloud in 2020.
(451)
Cloud computing usage statistics reveal that 90% of organizations had at least one app in the cloud in 2020. In the past few years, we have seen a rapid emergence of technologies that are popularly known as “Cloud-native”.
This shift to Cloud-native technology has fundamentally changed the way software development is practiced today, leading to the adoption of “DevOps practices”, that are focused towards increasing the speed and agility of software delivery, meeting rapidly changing customer needs and enabling organizations to be competitive.
13. Enterprises used 1,427 distinct cloud services on average.
(McAfee)
Average employee working at an enterprise used 36 cloud services at work, including cloud services include collaboration, content-sharing, and file-sharing services. On the other hand, the average company used 210 collaboration cloud services and 76 file-sharing services.
Decision makers are now keen on reaching beyond descriptive analytics that their current business intelligence solutions already provide them with. As Intelligent Cloud matures, it is enabling them to extract greater insights from a variety of data sources and effectively bridge the gaps between predictive, and cognitive analytics. It is thus facilitating better decision-making and, in turn, enhancing business outcomes.
Cloud Computing Spend Statistics 2021
15. Worldwide public cloud service market is predicted to be $331.2 billion by 2022.
(Gartner)
According to Gartner’s report, the public cloud is supposed to attain a $331.2 billion revenue by 2022. With an increasing number of organizations looking for better insights to drive greater business value, it has become more evident that the era of Intelligent Cloud has started.
16. The average cloud budget increased to $73.8 million in 2020.
(Forbes)
A study of cloud computing trends conducted by Forbes suggested that average cloud budget will be $73.8 million in 2020. According to Gartner, the IaaS market is estimated to be worth a total of $64.3 billion in 2021, up from $50.4 billion in 2020.
17. Azure earned $13.4 billion in 2020.
Microsoft Azure has been making steady gains in popularity. With worldwide cloud computing market share and investment growing, Microsoft’s cloud platform became a profitable product. In 2020, Azure raked in $13.4 billion. That’s a significant improvement compared to the previous year.
Cloud Computing Security Statistics 2021
18. By 2025, 99% of cloud security failures will be due to customers’ mistakes.
(Gartner)
According to Gartner’s cloud computing statistics, user is responsible for data breaches in almost 99% of the cases. Data security has always been necessary but with work from home becoming a global norm, it has become a business priority for CIO’s. Organizations need to strengthen their infrastructure including all endpoints to avoid any cyber-attack and minimize the business impact it may have for smooth functioning.
19. Around 90% of data breaches and cyberattacks are caused by human error.
(DSM)
Employees are the biggest threat to the security of an organization. Phishing scams account for 34% of data breaches, while clicking a link with ransomware happens 19% of the time.
It is crucial to train your employees regarding phishing emails. They must stay alerted against e-mails from unknown sources and avoid opening file attachments or links in them. One of the most malicious email attachment types are .doc and .dot.
20. 66% of organizations leave back doors open to attackers through misconfigured cloud services.
Review your existing security guidelines or establish them if there are none, to address remote access to company information systems. Decide if employees will be using company-provided or personal devices, a VPN or remote desktops, ensure the systems can be managed and monitored remotely, lay rules on the software’s used by the teams, guide on regular application and software updates, organize and manage regular data backups amongst all other precautions.
21. The cost of a data breach amounts to $3.86 million on average worldwide.
(Eastern Peak)
The latest report on cloud computing safety by Eastern Peak suggests that the cost of a data breach amounts to $3.86 million on average worldwide. One of the most common causes of data breaches is outdated and unpatched servers and operating systems.
Make sure your IT team regularly patches and updates the operating systems and servers. Embee helps in building secure hosting architecture and managing security systems end to end, keeping them updated and protected from potential vulnerabilities.
Other Cloud Security Statistics 2021
- 22. 60% of organizations use cloud technology to store confidential data. (Hashed Out)
- 23. As much as two-thirds of businesses and enterprises view cloud security as the biggest impediment to adoption.
- 24. Almost half of business (49%) do not have their cloud databases encrypted, leaving their info vulnerable.
- 25. According to Unit 42 cloud security trends, 29% of enterprises in the cloud have experienced potential account compromises.
- 26. 43% of breach victims were small businesses lack efficient cyber security measures.
- 27. There is a hack every 39 seconds, averaging 2,244 times a day.
Why should you move to the Cloud now?
Before explaining the best practices for migrating from an on-premises site to the cloud, let us start with the main reasons why you need to do it: cost-effectiveness, performance, and security.
Save Costs and Boost Profits
Ultimately, the underlying driver for moving from the existing on-premises enterprise data to the cloud is saving costs. The on premises cost not only includes the direct cost of owning or licensing data centre equipment but also the cost of third-party service, maintenance, and management, training, and policy.
On-site IT infrastructure maintenance requires space, construction, electricity, air conditioning, hardware acquisition, operating systems, network, physical security, and much more. Instead, you can migrate to cloud and save all this trouble and money.
High Performance
The disadvantage of investing in an on-premises infrastructure is rigidity. It is a long-term commitment that prevents your organization from getting the latest technology. On the other hand, cloud services infrastructure gives you the flexibility and best-in-class equipment in the industry: the latest Intel processors, the most optimized RAM, petabit networking, SSD storage, GPU arrays, and even programmable hardware in the cloud.
Security and Compliance
Many users with on-premises data infrastructure are concerned about security. The reality is that it is hard to be more secure and in control when you are hosting the infrastructure internally.
Cloud service providers such as Azure understand that millions of customers trust them for data security. As a result, it meets the highest security standards in the industry, set by healthcare, financial, and government institutions. This makes certifications such as SOC2, ISO27001, HIPAA, and PCI much easier to obtain when running on an already certified IT infrastructure.
Authentication, authorization, logging, and auditing are integrated across all cloud platforms. Security measures such as network and application firewalls, DDOS protection, and identity management are standardized, tested, and available for installation and configuration.
Migrate to Cloud with Embee
Embee’s Cloud experts simplifies all your operations in the cloud. We make sure that data center migrations take place in a smooth, effective, and streamlined manner without any negative business impact. Drive value and focus on business growth with full control of your data, applications, and workloads by deploying hyper-scalable and secure architecture on the cloud.
Assess & Plan
Assess, plan, and align actionable cloud adoption processes to business goals & expected outcomes.
- Project Scope Definition
- Identifying scope of work and deliverables definition
- Assessment Scoping
- Study the source code, current architecture, Database diagram
- Define Migration strategy- Rehost / Refactor / Re-Architect / Rebuild
- Define DevOps
- Cloud Adoption Plan
Design & Organize – Making you cloud-ready
Prepare, design, and setup the cloud environment for the planned changes.
- Migration roadmap
- Role based Access management
- Naming convention for all resources
- Manage costs & billing center
- Setting up Azure for your workloads
- Landing Zone creation
- Cloud security and governance
- Update Cloud adoption plan
- Dev/QA/ testing
Launching to the Cloud
Migration that’s quick & error-free, so that customer can focus on their vision, without worrying about the infrastructure.
- Migration and modernization of workloads in waves and sprints
- Release for UAT
- Optimize & Promote
- Configure Cost Management
- Production Release
- Documentation
- Validation and performance testing
- Knowledge transfer and training
Innovate your cloud environment
Building new capabilities to unlock new technical skills and expand business capabilities.
- Establish business value consensus
- Creating a Minimum Viable Product
- Validation across users & stakeholders
- Roll-out with our comprehensive cloud adoption framework
Achieve greater flexibility, security, storage, and consistency to meet the needs of your business today and tomorrow with No-Cost Data Center Migration services by Embee.