January 26: Global Cloud vs On-Prem Spending

The move to cloud infrastructure is still in its infancy.

Source: Benedict Evans, Gartner
Published: December 2021, April 2021

Global Cloud vs On-Prem Spending

The move to cloud infrastructure is still in its infancy. Less than 15% of enterprise IT spending has migrated to date, which contributes to approximately 20-30% of all workflows. 

Here is a breakdown of on-prem vs cloud spending over the last 5 years. 

Bonus: Gartner forecasts the worldwide public cloud end-user spending to grow by 19.6% in 2022 to $387.5b.

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