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4 Key IT Sectors To See Major Cloud Shift
More than $111 billion in IT spending has shifted to the cloud and that amount will increase to $216 billion in four years, according to just-released report from Gartner. The research house looked at four key tech sector business process outsourcing, application software, applications infrastructure software and systems infrastructure to gauge the pace of cloud migration between now and 2020. What follows is Gartners projections for each segment.
Business Process Outsourcing
Total Market Size in 2016: $119 billionCloud Segment: Business Process as a Service (BPaaS)Total Cloud Shift: $42 billionCloud Shift Rate Through 2020: 43%Source: Gartner