Cloud's budget will reach $ 1.3 trillion by 2020

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More than $ 1.3 trillion in IT spending will be driven directly or indirectly by the transfer to the cloud in 2022, according to Gartner.
It seems this is an important transition for traditional infrastructure vendors, as more and more businesses are switching to Cloud. According to a new study by Gartner, 28 percent of enterprise IT budgets will move to Cloud by 2022, up from 10 percent from 2018,
The budget for cloud services will grow faster than traditional, non-cloud solutions. However, these traditional projects will still account for 72% of revenue for the enterprise IT market by 2022.
Prior to 2018, the shift to Cloud took place primarily for application software, particularly in customer management (CRM). According to a Gartner spokesman, "CRM is currently exploding when the budget for the cloud is higher than traditional software. This trend will continue and expand to include application software, including office suites, content services, and collaboration services, by the year 2022. Application software will keep the highest Cloud conversion rates. during this period ".
More than $ 1.3 trillion in IT spending will be driven directly or indirectly by Cloud in 2022. Providers who are able to capture and anticipate this growth will benefit from long-term success. the next decade.
Gartner warns that technology vendors use cloud technology as a measure of market opportunity.
Michael Warrilow, vice president of research for Gartner, said: "The change in how your IT budget goes to cloud-based alternatives is irreversible. The transfer process on the cloud will open the door to more agility and agility, one of the most exciting benefits of this technology. "
"As cloud technology becomes more and more popular, it will greatly influence enterprise IT decisions, especially in system infrastructure."

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