Blog

Cloud Infrastructure Spending Exceeds On-Premise for the First Time

Admin Globaldots
16.11.2018
image 1 Min read

By 2025, businesses will be spending 22% of their budget on cloud technologies

Businesses are spending more money on cloud infrastructure compared to legacy, on-premise environments for the first time, according to the Cloud Industry Forum.

The CIF’s study, conducted by Vanson Bourne revealed that firms are more open to multi-cloud environments, with three-quarters of firms adopting the use of more than one cloud service to power their digital transformation process.

UK businesses are spending 19% of their IT budgets on cloud infrastructure, compared to 18% of budgets spent on-premise. Within four years, the CIF thinks the amount of money spent on the cloud will increase to become 22% of budgets. The firm is predicting the gap will widen as more organisations realise the benefits of cloud vs. on-premise architecture.

Although take-up is growing, there’s still a way to go until more businesses can use the cloud to power their digital transformation journey, with the CIF highlighting skills shortages as a major barrier to both cloud and cloud-powered application adoption.

Read more: Cloud Pro

Comments

0 comments

There’s more to see

How Separating Data & Network Security Protects Your Supply Chain
Supply-Chain Data Protection
Dr. Eduardo Rocha, Senior Solutions Engineer & Security Analyst @ GlobalDots 09.05.22

Software supply chain security is an enormous concern for businesses today. According to a 2021 Argon cybersecurity report, software supply chain attacks increased threefold in 2021 compared to the previous year.  The constant race of companies to do things faster while delivering a better, richer user experience adds a multitude of vulnerabilities to the supply […]

Read more
SASE vs. SD-WAN: A Quick Guide
SD-WAN and SASE
Miguel Fersen, Senior Cloud Consultant @ GlobalDots

New technologies have a wicked tendency to pile up. With cloud solution categories now emerging on a weekly basis, the result of bringing them into your estate is usually more complexity and confusion. But sometimes, a single new technology allows us to rid a bunch of old ones in a snap. SASE pretends to be […]

Read more
Old Dogs, New Tricks: Innovating with CDNs
Content Delivery Network (CDN)
Dror Arie, Senior Solutions Architect @ GlobalDots 20.04.22

Today’s digital businesses with global customers cannot afford slow page loads and applications caused by physical distance and latency issues. Page load speeds can have a significant effect on customer acquisition and retention. Walmart discovered that a 1% increase in page load time results in a 2% increase in conversion rates. So businesses are using […]

Read more
Unlock Your Cloud Potential
Schedule a call with our experts. Discover new technology and get recommendations to improve your performance.
Contact us