Cloud Computing Trends 2020

• Enterprises’ average Cloud Spending is up 59% from 2018 to $73.8M in 2020.
• Enterprises’ with over 1K employees are investing an average of $158M on Cloud Infrastructure and Cloud Applications this year, $84.2M more than the average spending level of their peers.
• Financial Services, Government/Non-Profit and Manufacturing enterprises are the most likely to use only a single Public Cloud platform due to security and privacy concerns
• Enterprises’ are prioritising Disaster Recovery and High Availability, identity & access management and content delivery & media processing as the top three application areas they’re migrating to the Cloud in 12 months
• Data Privacy and Security challenges are the greatest obstacles enterprises are facing today when attempting to take full advantage of public cloud resources

These and many other fascinating insights are from the recently published IDG Cloud Computing Survey 2020.
Source: https://lnkd.in/euh6QjF