Cloud Migration Blog
The market is strong for public cloud services, supported by recent Gartner* research projecting the public cloud compute and storage market to grow cumulatively to $128 billion dollars from 2014 to 2018. That’s a CAGR of 35%. In addition, private cloud adoption is forecasted to reach 72% in 2014. And by 2016 private cloud will give way to hybrid cloud, where at least 50% of large enterprises will have a hybrid cloud solution in place. The cloud is big business with seemingly little in the way to stop its forward progress. So it’s not surprising that service providers, system integrators and others are scrambling to get in on the action to capitalize on the hyper growth of cloud.