The Top Cloud Computing Facts for 2016

There's no doubt that the cloud has gone from being considered the "cool kid in class" with questionable substance to a fully recognized, credible technology solution for businesses. Here are some stats and facts to show it. 

The Top Cloud Computing Benefits of 2016:

Savings and Productivity Benefits of the Cloud:

  • Cloud Computing is up to 40 times more cost effective for an SMB, compared to running its own IT system.1

  • 70% of businesses report that they've been able to reinvest funds back into their business as a result of moving to the cloud.2

  • 59% of SMBs using cloud services report significant productivity benefits.3

  • The US Federal Government saved $5.5 Billion per year by shifting to Cloud Services.4

 

The Cloud and Security/Privacy:

  • In 2016, 77% of companies plan to increase cloud security expenditures for mobile and cloud-based services.5

  • 94% of SMBs have experienced security benefits in the cloud that they didn’t have with their on-premises service

  • 62% of respondents of a Microsoft survey said their levels of privacy protection increased as a result of moving to the cloud.

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The Cloud Benefits for SMBs:

  • Recovery times for SMB are four times faster for businesses using cloud computing when compared to those not utilizing cloud services.6

  • For SMB, energy use and carbon emissions could be cut by 90% by using cloud computing, saving the environment and energy costs7

  • 70% of SMBs reinvested cloud savings in areas that benefit and grow their businesses such as product development and innovation and marketing.

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Cloud Market Predictions and Stats:

  • 90% of Microsoft’s Research & Development  budget will be used to improve cloud technology and security services in 2016.8

  • By 2018, at least 30% of service-centric companies will move the majority of their ERP applications to the cloud.

  • Experts predict that 40 zettabytes, or 40,000,000,000,000,000,000,000 bytes of data will be held in the cloud by 2020.

  • It's predicted that 78% of U.S. small businesses will have fully adopted cloud computing by 2020.9 

 

If you want to learn about the 2017 cloud computing facts, you can find them in this video. Contact us to get a free IT consultation.

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