The forces behind enterprise cloud spending trends | InfoWorld - 0 views
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However, most companies soon turned bullish on cloud’s role in the new normal of remote work and virtual cloud-based IT. They ended up being right.
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New forces are at work that will drive the velocity of cloud spending quarter to quarter, and most of those forces are not yet well understood.
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The pandemic has highlighted the strategic advantages of cloud computing because cloud can reduce or eliminate many of the risks around the pandemic.
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Typical reductions in traditional compute spending are unrelated to those traditional systems being replaced by cloud hosting or software as a service
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For example, cloud can remove applications and data from enterprise data centers that were vulnerable to quarantine restrictions that companies experienced early in the pandemic.
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The cloud will continue to grow, although the rate of its growth will vary according to shifts in market priorities
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The article highlights how global spending on cloud infrastructure has recently picked up since the beginning of the pandemic. Due to COVID-19, many individuals work remotely and there is a bigger market for virtual cloud-based IT. The pandemic has shed light on the strategic advantages of cloud computing. Each quarter, cloud spending will increase but researchers are still studying the forces behind the changes of the velocity of cloud computing and the rate of growth.