The best advice for new business owners in the cloud and cloud migration
By Laura KipnisDecember 23, 2017 8:06:38The cloud is inextricably linked to cloud computing and has become one of the hottest topics in the technology sector as the business model is driven by cloud computing.
The latest data from the eMarketer Cloud Index indicates that the number of cloud-based businesses in the United States is on track to reach $1.3 trillion by 2021, with more than half of these businesses in cloud computing-driven companies.
The trend toward cloud-first businesses has been accelerating over the past year.
The report shows that cloud-enabled companies have seen growth of about 50% since 2016.
The cloud has been used for a variety of purposes, including business intelligence, financial management, business analysis, digital marketing, sales, and compliance, and as a platform for hosting content, according to eMarker.
For some businesses, the shift toward cloud computing has been driven by the ease of access.
Cloud computing services such as Salesforce, Amazon Web Services, and Google Cloud Platform are becoming more popular, but cloud computing is still a relatively new concept.
The number of customers using cloud-powered services is on the rise, as companies have learned to use cloud computing services as part of their core business processes, but many companies have yet to fully embrace cloud-centric businesses, according eMarket.
For example, according the report, about 2 million U.S. businesses are cloud-only and are transitioning to cloud-led businesses that offer more customization.
For the majority of businesses, it is still relatively easy to access cloud services, but for some businesses it can be challenging to get started, according EMC.
Clouds have helped businesses to reduce their IT costs, but they have also created more complexity.
For example, it has become increasingly difficult to manage all the data that comes with a business’ cloud-connected data center, which has resulted in higher costs for customers.
The transition toward cloud services has also caused many businesses to move beyond the traditional IT-driven approach.
For instance, eMarketing reported that only about 20% of U.K.-based businesses now use traditional IT for data centers.
According to eMC, cloud-driven businesses are becoming increasingly important for businesses with high transaction volumes, which is driven in part by the growing popularity of ecommerce.
For these businesses, cloud computing offers flexibility and allows them to focus on their core competencies, while maintaining a high level of customer engagement, according Erica Koster, senior vice president of marketing and public relations at eMarkers.
The shift toward more cloud-centered businesses has come at a time when the global economy is in the midst of an economic recession.
This has forced many companies to move more rapidly to reduce costs.
As a result, cloud and Cloud migration is expected to grow from approximately $8 billion in 2021 to $17 billion in 2020, according CFO Michael G. O’Connor.
Cloud migration is also expected to increase in the next few years, as cloud-related businesses increasingly leverage technology from outside of the traditional infrastructure sector.
The report also showed that eMarkets prediction of cloud migration to $1 trillion by 2020, a 20% increase from 2021, is accurate.
Cloud migrations are expected to continue to grow in the coming years, with the eCommerce sector expected to see an increase of more than $4 billion in cloud migration by 2021.
This article originally appeared on The Washington Times.