With over 66% of data housed in the cloud today and an expected 73% of all data in the next two years, it’s safe to say cloud computing is on the rise and will be increasingly entrenched in the business world.

As the advancements in modern technology offer businesses solutions to streamline and decrease costs, it should come as no surprise that so many individuals and organizations plan on relying on cloud services. Currently, ninety-four of all organization plan on running, or are already running, their computing services in the cloud, with many businesses already using these services in order to boost their marketing platforms.

49% of all users and vendors are currently using cloud services in order to improve revenue generation or product development. 35% of users and vendors also use the cloud in order to drive innovation and competitive advantage in their field. With over 66% of data housed in the cloud today and an expected 73% of all data in the next two years, it’s safe to say cloud computing is on the rise and will be increasingly entrenched in the business world.

Despite the immediate advantages that come with working with cloud services, there are many concerns, primarily revolving around security and costs that come with switching to cloud-based mediums. Fortunately, however, there are numerous solutions to these concerns, thanks to cloud-based innovation and evolution over the past few years. By developing a secure cloud architecture and establishing the appropriate security measures, including a team of skilled professionals, the cloud can, and will, serve as a safe and secure data storage solution for both businesses and individuals.

The Infographic below from NJIT explains how cloud adoption will continue to grow during the next three years. 

 

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