Blog

Cloud Computing Facts 2018: Statistics & Benefits

Over the last several years, cloud computing has transitioned into a widely adopted service that businesses utilize in their everyday operations. Regardless of the business size, 2018's stats and predictions emphasize the substantial impact of cloud technology. Watch this video to learn more about the benefits the cloud can bring to your business.

Here Are Our Top Cloud Computing Facts for 2018:


 
 

Top Business Cloud Computing Statistics

Here are our top cloud facts for 2018:

  1. 50% of global enterprises will rely on at least one public cloud platform to drive digital transformation and meet customer needs.
  2. In two years, enterprises will execute 50% of core security actions, such as policy setting and monitoring, with consistent workflows across all major public cloud platforms.
  3. Companies that invest in big data, cloud services, and mobile tools enjoy up to 53% faster revenue growth that their competitors.
  4. 94% of businesses claimed an improvement in security after migrating to the cloud.
  5. 91% said the cloud makes it easier to meet government and industry compliance requirements.
  6. Optimizing cloud costs is the top initiative for businesses in 2018.
  7. AWS, Google, and Microsoft will capture 76% of all cloud platform revenue in 2018.
  8. The public cloud market is expected to reach $178 billion by 2018, and continue to grow at a compounded rate of 22%.
  9. Multi-cloud is the preferred strategy among 81% of enterprises.
  10. Over 30% of enterprises will spend more on their cloud computing than data center IT operations combined.

For more information about leveraging cloud solutions, or migrating to a public cloud, consider reaching out to an iCorps expert and requesting a free IT consultation.  

Contact for a Free Consultation

Get the Latest IT News

Stay a step ahead in the ever-evolving world of IT. From security tips to tech trends, our newsletter brings you fresh insights and updates—no fluff, just valuable content to keep you informed and empowered.

Related Insights

Cloud Computing Solutions for Businesses

Cloud Computing Facts 2019: Statistics & Benefits

With over 63% of all workloads in the cloud, it's safe to say that cloud computing has grown into a...

Cloud Computing for SMBs

2017 Cloud Computing Benefits, Statistics and Facts

The cloud has gained some serious momentum in the past few years and 2017's stats and predictions...

Cloud Computing Facts for Businesses

17 Must Know Cloud Computing Facts for 2022

As 2021 comes to a close, we can all look back and recognize how much the cloud has advanced -...