IT Facts: 50 Industry Facts That You Didn't Know Were True - iCorps
10/1/14 1:58 PM Jim Walsh
The IT industry is always developing, and with new technologies seemingly popping up daily it is tough to keep up with the times. Cloud computing is also on the rise, and seems to be a hot topic of late for SMB’s debating whether or not to make the move to the cloud. So here at iCorps we’ve come up with a list of 50 IT Facts, that will educate you on the industries recent successes, a look into what people are saying about the cloud, and overall IT data that may surprise you.
IT Facts to Consider when Making the Move to the Cloud
- 82% of companies say that moving to the cloud has saved them money.
- 14% of companies downsized their IT after cloud adoption.
- 84% of CIOs report that they have cut application costs by moving to the cloud.
- 21% recorded annual savings of users who move apps to the cloud.
- 80% of cloud adopters saw improvements within 6 months of moving to the cloud.
- More than 60% of businesses utilize cloud for performing IT-related operations.
- By 2015, 1 of every 7 dollars spent on packaged software, server, and storage offering will be through the public cloud model.
- 73% of IT Staff who say employees personal use of the cloud influenced enterprise adoption of cloud computing.
- The cloud also helps companies and businesses save resources, which is why 14% of companies using the technology have downsized their IT department.
- More than 90 percent of all companies saw at least one area of improvement in their IT department since they moved to the cloud.
- Small businesses face less workforce resistance to cloud adoption.
- About 64 percent of organizations say that adopting cloud based solutions has helped them reduce waste and lower energy consumption.
- 41% of the head executives and employees claim to be using some kind of cloud in their company.
- Cloud Computing tops the list as the highest IT priority.
- Cloud Computing is up to 40 times more cost-effective for an SMB, compared to the alternative of running its own IT system.
- 2014 is the 1st year that the majority of computing workloads take place in the cloud (51%) versus in the traditional IT space (49%).
The Cloud is on the Rise
- In 2008, the cloud computing industry was $46 Billion. In 2014, it’s $150 Billion. That’s a growth of over 300% in 6 short years.
- As of today, at least 72% of businesses have adopted the cloud. Within 3 years, that number will reach a staggering 91% of businesses.
- By the end of 2014, businesses in the United States will spend over $13 billion on cloud computing and managed IT services.
- The global market for cloud equipment is predicted to reach $79.1 billion by 2018.
- By 2015, end-user spending on cloud services could be more than $180 billion.
- Throughout the next five years, a 44% annual growth in workloads for the public cloud versus an 8.9% growth for “on-premise” computing workloads is expected.
- $180 billion: Estimated global cloud services market by the end of 2015.
- 50 million: Number of physical servers in the world.
- 545 cloud services are in use by an organization on average.
- An increase in the use of cloud services ranging from 22% to 58% is predicted over the next 3 years, depending on the industry.
- Companies are on target to spend over $131 billion on cloud computing and managed hosting services by the end of 2014.
- 50 percent of enterprises will have hybrid clouds by 2017.
- A new cloud server is added for every 600 smartphones or 120 tablets in use.
- More than 58% of businesses today use cloud computing for IT related tasks.
- Every week 140,000 hard drives crash in the US.
- Did you know that 52% of businesses experience multiple backup failures every year?
- 51% of companies plan to make changes to their backup strategy, with “cloud storage” listed as the most commonly named change.
- Did you know that 59% of businesses say they store backups in only one location.
- 90% of public sector respondents and 78% of private sector respondents admitted data security was their primary worry.
- Average outage on cloud services is 7.5 hours per year, giving the cloud an availability rate of 99.9%.
- More than half of IT professionals rank security as a top reason for migrating applications to the cloud.
- Businesses which used the cloud are able to resolve issues in an average of 2.1 hours, nearly four times faster than businesses that don't use the cloud (8 hours).
A few more Fun IT Facts Regarding the IT Industry
- There are 6.8 billion people on the planet and 4 billion of them use a mobile phone. Only 3.5 billion of them use a toothbrush.
- 15 out of 17 sectors in the US have more data stored per company than the US Library of Congress.
- 2.5 billion gigabytes of data are created every day. That number doubles every month.
- 59 percent of all new spending on cloud computing services originates from North American enterprises, a trend projected to accelerate through 2016.
- By 2017, global cloud traffic will more than quadruple.
- There’s an estimated 1 exabyte of data stored in the cloud (I Billion Gigabytes).
- Domain names are being registered at a rate of more than one million names every month.
- 51% of internet traffic is “non-human”. 31% is made up from hacking programs, spammers and malicious phishing.
- It would take 1,000,000 human brains to store all of the information that can be found on the internet.
- While it took the radio 38 years, and the television a short 13 years, it took the World Wide Web only 4 years to reach 50 million users.
- The US Federal Government saved about 5.5 Billion per year by shifting to Cloud Services.
- By 2015, the Internet will connect 2.5 Billion people, and more than 15 Billion devices.
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With more than two decades of experience, the iCorps IT consulting team is dedicated to delivering excellence to our customers by staying ahead of market trends and understanding new technologies that could impact their business. iCorps delivers superior IT outsourcing, IT support and technology solutions implemented by the best consultants in the Boston, Philadelphia and New York (NY) areas.