Cloud Migration is the Next Step

A major shift to cloud computing is in the cards for most major companies, even though security will always remain a concern, and integration will be gradual throughout the next few years. To review some facts: "Cloud computing involves a network of remote servers hosted on the internet to store, manage and process data rather than working locally off a computer’s hard drive — in some respects a throwback to the old days of dumb terminals that lacked local storage and connected to a mainframe." Cloud computing generated over $100 billion in 2012 alone. That is expected to grow to $500 billion by the year 2020. That being said, let's take a closer look in this excerpt from "Cloud Computing: Big Companies To Step Up Migration To The Cloud", originally published on International Business Times:

The McKinsey survey queried 800 chief information officers and information technology executives in a variety of industries around the world. The companies ranged in size from small to Fortune 100.

“Enterprises plan to reduce the number of workloads housed in on-premise traditional and virtualized environments, while dedicated private cloud, virtual private cloud, and public infrastructure as a service are expected to see substantially higher rates of adoption. Interestingly, on-premise private cloud environments, which have been adopted by nearly half of enterprises, are likely to stay nearly flat,” the survey found.

The survey said the greatest shift was expected among large companies and it is expected to happen more quickly than in the past.