30 June 2011 13:05:20
Though cloud computing may only represent a small portion of overall IT spending, it is playing an increasingly important role in the market's growth.
According to a recent report from Gartner, global spending on IT services is expected to reach $846 billion this year, growing 6.6 percent over 2010. Of that amount the cloud will account for $89 billion in 2011.
As Gartner pointed out, the cloud only represented 2 percent of IT spending last year, and, going forward, that figure will grow by a marginal amount. By 2015, Gartner expects the cloud to account for less than 5 percent of total IT services spending.
"Nevertheless, the emergence and adoption of cloud is an important trend, and in some markets, it's already a significant factor," said Gartner research vice president Richard Gordon, who estimated that SaaS will represent 15 percent of enterprise applications software spending by 2015.
The rising popularity of the cloud has been evident as more companies implement the technology to leverage greater cost efficiency and performance from their IT solutions. A separate report from IDC predicted public cloud spending will reach $79.2 billion by 2015.
-McAfee Cloud Security