Over the past decade, cloud computing has become the backbone for mobile and content service delivery, as well as an alternative to traditional enterprise computing environments. As businesses move towards a digital economy, the cloud will continue to play an increasingly important and even dominant role as the IT industry focuses on improving efficiency, agility and speed of innovation. With this in mind, experts at the analyst firm IDC predict that spending on the “entire cloud” by 2025 will exceed $ 1.3 trillion. Analysts clarify that the concept of “entire cloud” includes the total global costs of cloud services, hardware and software components that underlie the supply chain of cloud services, as well as professional services related to cloud services. During the period covered by the forecast, the average annual growth of these expenses will be 16.9%.
IDC’s forecast looks at both public and private cloud services. The first refers to services that are shared by different enterprises and consumers, are open to an unlimited number of potential users and are intended for the market, and not for an individual enterprise.
Private or dedicated cloud services are provided in the form of subscriptions or managed service agreements by cloud providers, co-hosting, outsourcing, or managed services to enterprise customers.
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