Cloud Shift Will Affect More Than $1 Trillion in IT Spending by 2020 [Infographic]

According to Gartner Inc., more than $1 trillion in IT spending will be directly or indirectly affected by the shift to cloud during the next five years.

IT spending is steadily shifting from traditional IT offerings to cloud services (cloud shift). The aggregate amount of cloud shift in 2016 is estimated to reach $111 billion, increasing to $216 billion in 2020.

Cloud Shift Will Affect More Than $1 Trillion in IT Spending by 2020

Sources:

http://www.gartner.com/newsroom/id/3384720

https://www.bluehost.in/cloudservers

http://www.cio.com/article/3137946/cloud-computing/6-trends-that-will-shape-cloud-computing-in-2017.html

https://www.bluehost.in/blog/index.php/2016/05/09/introducing-the-all-new-cloudsites/

 

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Author: Sunder Singh

Sunder is a techie guy who loves to write about anything that is directly or remotely connected with technology. From hardcore tech stories to the overall influence of technology in life, Sunder is passionate about all things internet. When he is not surfing the internet, he is busy grooving on his favorite beats.

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