Cloud's Impact is Far Reaching

Cloud's impact is massive, and IDC predicts that the greater cloud spending (cloud services and IT products) will exceed $500 billion by 2020, driven by:

  • Growth in SaaS, PaaS & IaaS spending
  • 5-10x growth in new apps and services, including IoT and cognitive solutions
  • Penetration of "cloud code" into on-premise software
  • Expansion of cloud managed and professional services

IDC’s holistic, global view of the cloud opportunity capitalizes on dedicated resources across regions to provide local views in emerging markets. Our cloud Trackers ® also provide unparalleled granularity (sizing and forecasting) across market categories and geographies. IDC also provides critical research on the emergence and importance of new "industry clouds" as well as key use cases.

IDC Predicts...

Over half of large enterprises will double software and services development staff - 85% will be focused on new market facing apps and services

50% of cloud applications and services are for use cases not served in the client server era

70% of software revenues are based on cloud code – delivered as SaaS, PaaS or on-premise software, as ISVs build their on-premise software from their SaaS and PaaS