• Rajasthan

    Cong 101
    BJP 80
    RLM 0
    OTH 15
  • Madhya Pradesh

    Cong 112
    BJP 97
    BSP 4
    OTH 8
  • Chhattisgarh

    Cong 53
    BJP 26
    JCC 9
    OTH 1
  • Telangana

    TRS-AIMIM 82
    TDP-Cong 25
    BJP 6
    OTH 6
  • Mizoram

    MNF 25
    Cong 10
    BJP 1
    OTH 4

* Total Tally Reflects Leads + Wins

Cloud shift to affect over $1 tn in IT spending by 2020: Gartner

By: | Published: July 22, 2016 2:13 PM

More than $1 trillion in IT spending will be directly or indirectly affected by the shift to Cloud in the next five years -- making Cloud computing one of the most disruptive forces of IT...

Representative Image: "Cloud-first strategies are the foundation for staying relevant in a fast-paced world," said Ed Anderson, Research Vice President at Gartner. (Reuters)Representative Image: “Cloud-first strategies are the foundation for staying relevant in a fast-paced world,” said Ed Anderson, Research Vice President at Gartner. (Reuters)

More than $1 trillion in IT spending will be directly or indirectly affected by the shift to Cloud in the next five years — making Cloud computing one of the most disruptive forces of IT spending since early days of the digital age, market research firm Gartner said on Friday.

“Cloud-first strategies are the foundation for staying relevant in a fast-paced world,” said Ed Anderson, Research Vice President at Gartner.

“The market for cloud services has grown to such an extent that it is now a notable percentage of total IT spending, helping to create a new generation of start-ups and ‘born in the cloud’ providers,” he added.

IT spending is steadily shifting from traditional IT offerings to Cloud services.

The aggregate amount of cloud shift in 2016 is estimated to reach $111 billion — increasing to $216 billion in 2020, Gartner said.

“Cloud shift is not just about Cloud. As organisations pursue new IT architecture and operating philosophy, they become prepared for new opportunities in digital business, including next-generation IT solutions such as the Internet of Things (IoT),” Anderson said.

“Furthermore, organisations embracing dynamic, cloud-based operating models position themselves better for cost optimization and increased competitiveness,” he added.

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