The foundation for digital business is the cloud. It supports enterprises to respond to the current competitive environment. As businesses tide over the unprecedented waves of COVID-19, the cloud is firmly established as the new normal for enterprise IT. It remains to be the fastest-growing segment of IT spend. Furthermore, it continues to be the right strategy for businesses focusing on cost optimisation. One of the key findings in IDG's 2020 Cloud Computing Survey shows that 92% of the organization’s IT environment is at least somewhat in the cloud today. This deck covers 11 cloud statistics that demonstrate the health of cloud adoption in 2020.

1. 11 CLOUD STATISTICS YOU
MUST KNOW IN 2020

2. 81% Of Organisations Already Use
Cloud
In a survey of 551 IT decision-makers, 81% reported
already using cloud computing infrastructure or
having applications in the cloud. This has
increased from 73% in 2015.
11

3. 12% Of Organisations Plan To Adopt
Cloud-based Applications In The Next 12
Months
As cloud-based applications are cost-effective
and scalability of cloud is the most sought feature
in enterprise IT, businesses plan to adopt cloud in
the next 12 months.
10

4. Cloud Will Hold 32% Of Total IT
Budget
Companies expect to hold 32% which is third of their
total IT budget to cloud computing in the next year. It
was 30% in 2018. This may not seem like a significant
change as a percentage. But in dollars, the average
investment on cloud is up 59% from 2018 to 73.8
million USD in 2020.
09

5. 83% Of Enterprise Workloads Will Be
In The Cloud
A survey by LogicMonitor predicts that 41% of
enterprise workloads will be run on public cloud
platforms. It is predicted that on-premise workloads
are to shrink from 37% to 27% in 2020
08

6. 45% Of Enterprises Choose Hybrid
Cloud
31% of enterprises choose public cloud as their top
priority. While 6% strive for a hosted private cloud,
9% of enterprises prioritize on-premises private
cloud.
07

7. 70% Of Companies In The Financial
Sector Are Still In The Early Stages Of
Cloud Adoption
Around 70% of companies say their cloud
initiatives are still in the trial and testing stage. But
they have clear strategies in place for the future.
06

8. The Leading Cloud Providers Will Have A
Distributed ATM-like Presence By 2023
In the new era of cloud, the adoption is critical to
significantly reduce the operational cost. To
address the challenge, by 2023, leading cloud
providers will have a distributed ATM-like
presence.
05

9. The Public Cloud Market Will Grow
To 299.4 Billion Dollars
The public cloud market including cloud
applications (SaaS), development and data
platforms (PaaS), and infrastructure (IaaS)
services combined, is expected to grow to
$299.4 billion in 2020.
04

10. 75% Of Mid And Large Scale
Organizations Will Have Adopted A
Multi-cloud Or Hybrid It Strategy
Cloud integration is on the priority list of every
solution architect. A Gartner survey predicts
that by 2021, 75% of mid and large scale
organization will have adopted a multi-cloud
or hybrid IT strategies.
03

11. By 2022, 60% Of Organizations Will
Be Using External Cloud Provider’s
Managed Services
In 2018, 30% of organizations used external
cloud providers’ managed services. The
percentage is expected to double by 2022.
02

12. Sales Of IT Infrastructure Products
For The Cloud Environment Have
Increased By 2.2% In Q1 2020
While investments in non-cloud infrastructure
dropped 16.3% year over year, vendor revenue
from sales of public and private cloud
infrastructure products have increased by 2.2%
in the first quarter of 2020.
01

13. ACCELERATE YOUR CLOUD ADOPTION
 As the proliferation of cloud is driving business
transformation, Inspirisys supports enterprises to go-
cloud fast and gain a competitive edge.
 Cloud is the weapon of choice for businesses
embracing remote working strategies. We address the
increasing demand for cloud solutions with security
capabilities.
 Our expertise in cloud technologies allows us to help
our clients with solving problems and advancing
opportunities in a world flush with the data.

14. TO LEARN MORE ABOUT
ISL CLOUD OFFERINGS
Reach out to
reachus@Inspirisys.com