Migrating assets, application and infrastructure to the cloud is an underpinning objective for most digital transformation strategies. Gartner predicts global spending on public cloud services will grow to $332.3bn in 2021, up from $270 the previous year. Almost half of all IT spending on system infrastructure, software and process outsourcing to shift from traditional solutions to cloud by 2024. Cloud-based Anything-as-a-service models can deliver powerful financial advantages for businesses. But businesses are under pressure to ensure that their cloud investments are in the right area, and will see strong ROI.
Source: https://www.helpnetsecurity.com/2021/06/14/cloud-investing/