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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