Cloud Migration Statistics 2024 – Everything You Need to Know

• Gartner predicts that through 2024 at least 95% of security failures in the cloud will be caused by the customers. ^[3]
• But that’s still lower than estimates from Gartner, which estimates that 99% of cloud security failures through 2025 will be the customers’ fault — pointing to the idea that misconfigurations are a much bigger issue. ^[5]

Cloud Migration Adoption Statistics

• Azure was the only provider to increase their adoption rate. ^[8]
• YoY. Google Cloud Platform showed the highest percentage of experimentation , which tends to drive more adoption in the future. ^[8]
• Platformasa Service grew in adoption to 56% by 2020. ^[1]
• Platformasa Service grew in adoption to 56%. ^[1]
• , the adoption of Platformasa service back in 2017 was only 32%. ^[1]
• Cloud adoption statistics reveal that in 2020 a staggering 83% of the companies’ workload was stored on the cloud. ^[1]
• Hybrid cloud adoption is at 58%. ^[3]
• That’s why 42% of them say providing access to data anytime, anywhere, is the main driver for cloud adoption. ^[3]
• According to cloud computing stats, public cloud adoption is 91%, while 72% use a private cloud solution. ^[3]
• Google’s results generally come from more advanced users (24% adoption). ^[3]
• Overwhelmed, the company cut the scope of its cloud adoption plans by roughly 50 percent and chose to retire more applications rather than move them. ^[9]
• With a comprehensively trained staff, your organization can achieve up to 80% faster cloud adoption. ^[10]
• In 2020, Amazon Web Services had a 76% share of enterprise cloud adoption, followed by Microsoft Azure with a 69% share and Google Cloud with a 34% share. ^[6]

Cloud Migration Latest Statistics

• We’ve put together a list of 26 of the most interesting, relevant and revealing cloud computing statistics that demonstrate how big the cloud is and how it’s predicted to evolve. ^[2]
• Of course, it is impossible to predict with 100 percent accuracy how the future of cloud computing will look —. ^[2]
• By comparison, only 25 percent of all the computing data was stored this way in 2015. ^[2]
• Cloud data centers will process 94 percent of all workloads in 2021. ^[2]
• That’s not all — SaaS processes will account for 75 percent of the total workload. ^[2]
• In next place is Dropbox, the best cloud storage for collaboration, with a still impressive 66.2 percent, followed by OneDrive and iCloud. ^[2]
• MEGA , Box and pCloud , which have all made our list of best cloud storage services, are also widely used.21 The Most Used Cloud Storage Services. ^[2]
• a 66 percent increase.9 As we said, all of your favorite online videos are hosted on the cloud. ^[2]
• With a predicted CAGR of 48.2 percent, it is expected that it will reach $7.24 billion in revenue by 2027. ^[2]
• According to remote work statistics, approximately 34 percent of workers say that they prefer to work in the cloud and will look for a new job if they are required to return to the office.6 Employee Work Preferences Remove vs In Office. ^[2]
• In 2021, this is expected to increase by 23.1 percent to a staggering $332.3 billion. ^[2]
• Because of this, 92 percent of organizations already have a multi. ^[2]
• Enterprises face many challenges, but three of the most prevalent issues include security , managing cloud computing spending and governance. ^[2]
• Business owners lament the fact that around 30 percent of their cloud budget goes to waste. ^[2]
• that cloud cost optimization is a top priority, with 61 percent of organizations planning to optimize their cloud costs in 2021. ^[2]
• In fact, 76 percent measure their cloud progress according to cost efficiency and the savings they made thanks to cloud. ^[2]
• According to European organizations, migrating more workloads to the cloud is the most important cloud initiative. ^[2]
• 70% Migrating more workloads to the cloud 59% Optimizing cloud use to cut costs 50% Advancing a cloud. ^[2]
• Compared to the same period in 2020, this was a 35 percent yearonyear growth and a five percent quarteron. ^[2]
• Unsurprisingly, 75 percent of enterprises point to cloud security issues as a top concern. ^[2]
• Of those, 33 percent of respondents are extremely concerned, 42 percent are very concerned, while only 25 percent in total were unconcerned to moderately concerned. ^[2]
• In fact, just over half of businesses prefer cloud solutions that have their own native security. ^[2]
• In 88 percent of cases, human error is to blame for cloud breaches, not cloud providers. ^[2]
• With 34 percent, men are twice as likely to fall for phishing scams compared to women .11. ^[2]
• With a CAGR of 26.2 percent for the 2021 to 2028 period, it will balloon to more than $390 billion by 2028. ^[2]
• Fifty two percent spend $1.2 million or more annually on AWS. ^[8]
• By comparison, 52 percent also spend $1.2 million or more on Azure, indicating Azure has closed the gap for the first time in the eleven years of this survey. ^[8]
• Thirty three percent reported spending $1.2 million or more on Google Cloud Platform. ^[8]
• The likely reason increased demand driven by COVID 19, lockdowns, and work from anywhere. ^[0]
• According to a March 2020 report, more than 90% of global enterprises will rely on hybrid cloud by 2024. ^[0]
• Onpremise versus cloud workload An April 2020 survey of 50 CIOs found that respondents expected to see the proportion of total workload done on premise drop from 59% in 2019 to 38% in 2021, a reduction of 41%. ^[0]
• Moreover, they expected public cloud’s proportion of total workload to grow from 23% to 35% in the same timeframe, with private and hybrid cloud reaching 20% and 7% of workload, respectively. ^[0]
• Sixty eight percent of the CIOs ranked “migrating to the public cloud and/or expanding private cloud” as the top IT spending driver in 2020, up 20 points from a similar survey only six months earlier. ^[0]
• The five largest hyperscale public cloud providers that disclose segmented revenues saw their combined revenues grow by 31% in 2019 to US$94 billion. ^[0]
• Despite widespread tech spending weakness in calendar Q1 2020, revenues grew by 31% over the same period in the previous year. ^[0]
• In calendar Q2, growth showed a 25% yearover year increase, which rose slightly to 27% in calendar Q3, resulting in a 28% growth rate over the first nine months of the year. ^[0]
• Revenues for 2020 are likely to be over US$125 billion, increasing to more than US$160 billion in 2021. ^[0]
• The three largest semiconductor companies that disclose segmented data center sales saw their combined revenues grow by only 3% in 2019 to just under US$30 billion. ^[0]
• In calendar Q1 2020, they saw growth explode by 42% compared to the previous year. ^[0]
• In calendar Q2, their revenues grew further to 51% year over year. ^[0]
• Although growth declined to 18% in calendar Q3, this still works out to a 36% increase in the first nine months of 2020. ^[0]
• Total 2020 revenues are likely to exceed US$35 billion, and could top US$40 billion in 2021. ^[0]
• According to a deep packet inspection report on network traffic during the period from February 1 to April 19, 2020, global cloud traffic as a percentage of total internet traffic rose from 1.26% to 1.83%, up by 45%. ^[0]
• Over the same timeframe, overall internet traffic grew by 38%, meaning that cloud traffic, measured by the absolute number of bits per day, rose by almost exactly 100%. ^[0]
• Not only were assets up, but so was performance, with the three cloud ETFs yielding an average yearto date return of 47% as of October 30, compared to only 22% for the NASDAQ and 1% for the S&P 500. ^[0]
• First, although lockdowns are unlikely to be as uniform as they were earlier in 2020, flareups in the pandemic and more localized lockdowns are still driving WFA and cloud growth. ^[0]
• The two largest hyperscale providers accounted for 78% of all revenues among the top five hyperscale providers in 2019, and the largest chip company accounted for 82% of total data center semiconductor revenue in the same year. ^[0]
• COVID19 likely will accelerate the growth in flexible consumption models, but even postpandemic, those making this cloud driven shift can see greater financial predictability, lower unit costs from aggregation, and enhanced customer relationships. ^[0]
• Given the continued growth in revenues, it seems likely that hyperscale capex will continue to grow at double digits, reaching US$150 billion by 2024. ^[0]
• In an April 2020 survey of security professionals, 94% believed that the pandemic increases the level of cyberthreat. ^[0]
• Only 15% believed that the cyberthreat will return to previous levels postpandemic, while five out of six believed that the new threat level is permanent. ^[0]
• Another study showed that 93% of companies surveyed used the cloud for some or all of their AI needs, requiring less investment in infrastructure and expertise. ^[0]
• Cloud computing output rose by 600% between 2010 and 2018, while its energy use rose only 6%. ^[0]
• The average annual PUE for large data centers has fallen by 36% over 13 years, from 2.5 in 2007 to 1.59 in 2020. ^[0]
• Synergy Research Group, “ Hyperscale operator spending on data centers up 11% in 2019 despite only modest capex growth ,” March 24, 2020. ^[0]
• Estimated at just $24.65 billion in 2010, it has already surpassed the $150 billion mark. ^[1]
• Consider this 81% of all enterprises have a multi cloud strategy already laid out or in the works. ^[1]
• 67% of enterprise infrastructure is cloud. ^[1]
• Additionally, 82% of the workload will reside on the cloud. ^[1]
• While free platforms like Dropbox and iCloud continue to excel as the most popular free file storage services, Amazon Web Services appear to be the clear winner according to cloud computing stats in 2024. ^[1]
• AWS holds the next largest percentage at 32%. ^[1]
• Cloud computing actually started in the US and they have been leading the way since 2015, according to cloud computing statistics by country. ^[1]
• In 2021, this is expected to rise significantly to 56%, making it the fastest growing segment in cloud platforms. ^[1]
• Between 2021 and 2025, this sector will have a Compound Annual Growth Rate of 19%. ^[1]
• This marks a 17.5% projected growth from 2018 to 2019 a brave, yet reasonable assumption. ^[1]
• If we take the previous yearto year growth for comparison, the industry registered a massive 21% jump back then. ^[1]
• Cloud computing statistics from IDC predict a 10.9% growth rate of the demand for servers, Ethernet switches, and enterprise storage solutions. ^[1]
• Respondents that have tried to make projections, but ended making oversights by 24% on average. ^[1]
• 70% of companies using the cloud plan to increase their budgets in the future. ^[1]
• 74% of enterprises believe they are taking the best of both worlds and define their strategy as hybrid or multi. ^[1]
• 84% of surveyed enterprises describe their IT infrastructure as “multi. ^[1]
• In comparison, the hybrid cloud strategy is still below 60%. ^[1]
• Public cloud remains the most preferred cloud service type, with 91% of respondents relying on such tech. ^[1]
• 46% of data in European countries was in cloud storage in 2020. ^[1]
• Nearly 50% of organizations in Europe utilized cloud storage in 2020. ^[1]
• Now 43% of this data is highly confidential, and it’s paramount that its location is secure since risks increase in the cloud. ^[1]
• In addition, just 44% of this information is under tokenization. ^[1]
• 80% of companies report operation improvements within the first few months of adopting the tech. ^[1]
• Small and medium businesses find it 40% more costeffective to employ thirdparty cloud platforms than maintaining an in. ^[1]
• Cloud technology is so reliable when it comes to safety that 94% of businesses report significant improvements in online security after moving their data to the cloud. ^[1]
• Furthermore, a massive 91% also state cloud tech proves of immense help when they deal with government compliance requirements. ^[1]
• 34% of small and medium businesses said cloud computing was significantly higher than planned due to COVID. ^[1]
• According to cloud computing statistics for 2024, over 30% of SMBs used significantly more cloud computing than originally planned due to the pandemic. ^[1]
• 52% said it was slightly higher than expected. ^[1]
• 71% look for speed improvements, 63% want greater flexibility, and 57% pick improved customer support as reason #1. ^[1]
• Email services and file storage are the predominant uses for cloud computing in the EU with 66% and 53% respectively. ^[1]
• Email management remains at a steady level, while file storage purposes have increased by a whopping 15%. ^[1]
• Businesses all point out “governance” as their #1 priority, according to 2019 cloud computing statistics. ^[1]
• A large number of enterprises (84%). ^[1]
• Alibaba’s cloud revenue grew by nearly 60% in 2020. ^[1]
• Alibaba experienced a 59% growth in revenue, making about $2.2 billion. ^[1]
• Dropbox continues to be the leading cloud storage provider with 47.3%. ^[1]
• Other top services include Google Drive (26.9%) and Microsoft OneDrive (15.3%). ^[1]
• This forecast predicts the 2014 2020 period will indicate a 17.5% overall growth rate for the cloud computing industry. ^[1]
• Management tools and security services are expected to be the fastest growing segments with a 28.4% improvement. ^[1]
• Enterprises are predicted to invest over 3.5 million on average within the next year. ^[1]
• This expenditure took 30% of their total IT budget in 2021. ^[1]
• The majority of the budgets will be allocated for SaaS platforms (48%) while the rest will be split between IaaS (30%), and PaaS (21%). ^[1]
• Cloud computing jobs have increased by 42% between 2018 and 2021. ^[1]
• Cloud computing is quickly becoming an in demand skill, with stats showing that vacancies have gone up by over 40%. ^[1]
• Searches for the roles have also gone up by 50%. ^[1]
• The cloud monitoring industry will grow by 22.7% between 2020 and 2024. ^[1]
• According to cloud computing statistics, monitoring will increase by about 23% between 2020. ^[1]
• 48% of federal and state agencies utilize multiple cloud. ^[1]
• Finland and Sweden are leading the pack with 65% and 57% respectively. ^[1]
• On the other end of the spectrum, we have Romania and Bulgaria with a mere 10% of enterprises hosted in the cloud in 2018. ^[1]
• What Percentage of Websites are WordPress in 2024?. ^[1]
• Furthermore, experts say 60% of workloads are running on a hosted cloud service in 2019. ^[3]
• For reference, the cloud hosted 45% of workloads in 2018. ^[3]
• An interesting fact is that AWS accounts for 13% of Amazon’s total sales. ^[3]
• According to cloud computing growth stats, the industry will grow at a CAGR of 18%. ^[3]
• Usually, enterprises run a more significant part of their workloads in a private cloud (46%) and a smaller portion (33%). ^[3]
• Small to medium businesses, on the other hand, prefer to use a public cloud (43%), instead of arguably more expensive private solutions (35%). ^[3]
• According to cloud computing stats, four out of five companies use IaaS, and almost two thirds (61%). ^[3]
• PaaS spending follows with 29.8% CAGR. ^[3]
• Only IaaS will see a moderate amount of recession, reaching 16% in 2021. ^[3]
• Disaster recovery (38%), flexibility (37%), and relieving IT staff’s job (36%). ^[3]
• Almost every enterprise (84%). ^[3]
• Professional services (12.2%), discrete manufacturing (11.8%), and banking (10.6%). ^[3]
• Privacy and regulatory issues, along with governance and compliance of cloud services worry more than 60% of enterprises. ^[3]
• 75% of IT experts find managing privacy and data protection in a cloud environment to be more complicated than on premises. ^[3]
• With more and more corporate data being stored in the cloud (43% in 2017). ^[3]
• Nevertheless, 53% of companies aim to increase their cloud security using various techniques – like multi factor identification, for example. ^[3]
• The average savings from cloud migration come to around 15% on all IT spending. ^[3]
• Small and medium businesses benefit the most, as they spend 36% less money on IT that way. ^[3]
• This spells out a 36% increase in only two years. ^[3]
• The leading cloud services in terms of revenue are Online backup/recovery – 15% of cloud. ^[3]
• Email hosting– 11% Online productivity – 9% Web hosting – 9%. ^[3]
• Smaller companies still dedicate less of their IT budget toward the cloud – around 20%. ^[3]
• Enterprises, on the other hand, spend almost 25% of their IT funds this way. ^[3]
• Almost two thirds (64%). ^[3]
• The companies estimate 27% of their cloud computing budget went to waste in 2019 due to poor management. ^[3]
• Google Cloud’s computing services account for 8.5%. ^[3]
• We could also mention Alibaba Cloud (4%) and IBM Cloud (3.8%). ^[3]
• AWS attracts almost half of the early stage cloud users (52%). ^[3]
• Its revenue has grown by 75% since Q1 2018. ^[3]
• Their cloud service’s revenue was $2.3 billion, which means an 83% growth from the $1.2 billion the company made in Q1 2018. ^[3]
• According to a study published by CenturyLink, a telecommunications company, the cloud computing technology is expected to generate USD 411 billion in revenue by 2020. ^[4]
• According to the RightScale 2019 State of the Cloud Survey Report, 84% of enterprises have a multi cloud strategy, and 58% of them with a hybrid approach, while organizations with a plan of multiple public clouds or multiple private clouds grew slightly. ^[4]
• Microsoft has mentioned that post pandemic, the company has witnessed over 775% increase in demand for cloud services. ^[4]
• Bank of America commented on how Microsoft was going to be the part of its strategy, to migrate 80% of its technology workloads to virtual platforms, furthering its push to be a digital leader in financial services. ^[4]
• According to the survey by IBM in 2019, 95% of the businesses in North America have migrated their critical applications and IT infrastructure to the cloud over the past year. ^[4]
• Additionally, over 80% of firms in the region have mentioned seeking cloud migration for some of their applications next year. ^[4]
• For instance, according to Credit Suisse, the share of hyper scale data centers in the United States accounts for 47%, and Canada accounts for 4%. ^[4]
• Brooks Brothers, men’s clothier in the United States, witnessed a 50% increase in productivity by moving to a cloud. ^[4]
• The Cloud Migration Market is growing at a CAGR of 28.89% over the next 5 years. ^[4]
• 92% Enterprises Have a Multi Cloud Strategy in Place 2. ^[5]
• 52% of Organizations Identify Cloud Based Services as Factor in PKI Growth 4. ^[5]
• 60% of I&O Leaders Will Experience Budget Issues Due to Public Cloud Cost Overruns 7. ^[5]
• 59% of Organizations Spend Up to $12 Million a Year on Public Cloud 8. ^[5]
• 31% of Organizations Are Spending More Than $50 Million on Cloud Infrastructure Cloud Security Statistics 9. ^[5]
• 98% of Organizations Experienced a Cloud Security Breach in Past 18 Months 10. ^[5]
• 72% of IT Security Leaders Rank Cloud as Top Digital Transformation Priority 11. ^[5]
• ~90% of Data Breaches Target Servers 12. ^[5]
• 96% of Web App Attack Based Mail Server Compromises Involve the Cloud 13. ^[5]
• Cloud Misconfigurations Represents 15% of Initial Attack Vectors in Data Breaches 15. ^[5]
• 65% of Cloud Network Security Incidents Stem from User Error 16. ^[5]
• 30% of Organizations Don’t Use Adequate Cloud Security Controls 17. ^[5]
• 83% of Cloud Breaches Stem From Access Vulnerabilities Cloud Computing Statistics What Types of Data Organizations Store in the Cloud Cloud Computing, Adoption and Security Statistics in 2021 — TL;DR. ^[5]
• Within that group, more than 80% of enterprises report having a hybrid cloud strategy in place. ^[5]
• Furthermore, data from a separate Gartner survey also shows that 81% of public cloud users currently use two or more cloud providers. ^[5]
• This is followed by Zero trust security strategy (50%), Remote workforce needs (43%), and IoT devices (43%). ^[5]
• Cynet’s 2021 Survey of CISOs with Small Cyber Security Teams shows that companies with smaller security teams are looking primarily to the cloud (57%). ^[5]
• This topranking priority is followed by on prem (21%) and hybrid (13%). ^[5]
• 86% of the surveyed organizations said cloud account compromises cost them at least $500,000. ^[5]
• To put this into context, the cost of cloud account compromises averages out to be 3.5% of their total revenues within the same period. ^[5]
• Flexera reports in their 2021 State of the Cloud Report that 30% of the organizations they surveyed have annual public cloud spends ranging between $2.4 million and $12 million. ^[5]
• Another 31% of their survey respondents indicate they spent more than $12 million a year!. ^[5]
• Their research also shows that 71% of businesses invest up to $50 million a year to expand their cloud infrastructures. ^[5]
• Data from IDC and Ermetic shows that almost all the organizations (98%). ^[5]
• The report indicates that this rose nearly 20% from their 2020 survey in which “only” 79% of respondents indicated the same. ^[5]
• Web application servers took the lead as the primary breach target, encompassing more than 50% of breaches; mail servers came in second with ~25% of data breaches targeting them. ^[5]
• More than 50% of the web app attack based data breaches Verizon analyzed in their 2021 Data Breach Investigations Report involve mail server compromises. ^[5]
• Of those compromised, the overwhelming majority (96%). ^[5]
• (60% of businesses with 10,000 or more employees cite access as their leading factor for causing cloud breaches.). ^[5]
• Flexera’s 2021 State of the Cloud Report data shows that almost half of enterprises’ workloads (47%) and data (44%). ^[5]
• These organizations aim to add another 8% and 7%, respectively, to the cloud within the following 12 months. ^[5]
• Compare this to SMB respondents, who say they have 64% of workloads and 59% of data in the public cloud now, and that they plan to add another 5% of workloads and 8% of data within 12 months. ^[5]
• As such, we’ve put together a brief highlights list of the top five cloud computing statistics to note from the list above Keyfactor data shows that 52% of organizations see cloud based services as a factor in the growth of their public key infrastructures. ^[5]
• IDC and Ermetic report that 98% of organizations suffered at least one cloud security breach in the previous 18 months. ^[5]
• Gartner data shows that 60% of I&O leaders point to public cloud overrun costs as a source of budgetary headaches. ^[5]
• At that time, enterprises set an aspiration to move around 45 percent of their IT hosting spend to the cloud by 2021. ^[9]
• But nearly two thirds of surveyed decision makers say their organizations increased their cloud budgets as a result of the pandemic, and 55 percent moved more workloads than initially planned. ^[9]
• With the cloud having proven its value, 40 percent of companies expect to pick up the pace of their implementations going forward. ^[9]
• Our data show that by 2024, the average company aspires to have cloud spend represent 80 percent of its total IT. ^[9]
• Avoiding custom development saved cost, time, and complexity and, because key competitors lacked a similarly robust e commerce presence, the retailer could grow share faster, increasing its international revenues by more than 30 percent year on year. ^[9]
• Data show that those inefficiencies are costing the average company 14 percent more in migration spend than planned each year, and 38 percent of companies have seen their migrations delayed by more than one quarter. ^[9]
• When the 14 percent in unanticipated cloud migration spend is tallied globally, the price tag is eye opening. ^[9]
• At the end of 12 months, however, it had shifted only 40 percent of its first. ^[9]
• Today the average company staffs around 35 percent of its cloud needs in house. ^[9]
• To meet companies’ cloud ambitions, however, most hope to bring that number up to roughly 50 percent by 2024. ^[9]
• While most companies struggle with implementation delays, our study found that a subset 15 percent of the total sample succeeded in migrating more than 60 percent of their IT hosting spend to the cloud and did so within the timeline they set. ^[9]
• Analysis shows that those outperforming companies are 32 percent more likely than others to have active CEO sponsors. ^[9]
• They are 9 percent more likely to develop the full implementation road map, including the security and compliance framework, up front rather than funding a series of one. ^[9]
• And they are 57 percent more likely to hire for advanced skill sets. ^[9]
• Fifty three percent are now spending $1.2 million annually up from 38 percent in 2021. ^[11]
• If the organisation wanted to achieve core business objectives, such as getting 75% of the population to fill out the 2021 Census online, it would need to use scalable cloud services. ^[12]
• The organisation wants to achieve a 75% online completion rate of the 2021 census. ^[12]
• ONS has a target of having 80% of its infrastructure in the cloud by 2024. ^[12]
• Enterprises’ dependence on cloud computing 41 % of EU enterprises used cloud computing in 2021, mostly for hosting their e mail systems and storing files in electronic form. ^[7]
• Compared with 2020, the use of cloud computing increased by 5 percentage points. ^[7]
• In 2021, this applied to almost all EU enterprises (98 %). ^[7]
• In Sweden (75 %), Finland (75 %), the Netherlands (65 %) and Denmark (65 %). ^[7]
• On the other hand, in Greece (22 %), Romania (14 %) and Bulgaria (13 %). ^[7]
• Among the enterprises that reported using cloud computing, some 79 % relied on a cloud solution for their e. ^[7]
• More than two out of three enterprises (66 %). ^[7]
• One in five enterprises (21 %). ^[7]
• Not surprisingly, the highest proportion of enterprises using cloud computing services (76 %). ^[7]
• ‘Professional, scientific and technical’ enterprises came in between, with 56 % reporting using the cloud. ^[7]
• Compared with 2020, the increase in the use of cloud computing was highest in the retail trade sector. ^[7]
• The use of cloud computing was particularly high in large enterprises where 72 % used it in 2021, i.e. an increase of 7 percentage points compared with 2020. ^[7]
• In 2021, 53 % of medium sized enterprises used cloud computing compared to 46 % in 2020. ^[7]
• In small enterprises, the use of cloud computing increased by 5 percentage points to 38 %. ^[7]
• In 2021, the use of cloud for e mail and storage of files is still predominant with 79 % and respectively 66 % of enterprises using cloud computing reported buying these types of cloud services. ^[7]
• Only one in five (21 %). ^[7]
• Only slightly over one out of five (21 %). ^[7]
• The share of large enterprises using IaaS reached 81 % among enterprises using cloud, and was higher by 5 pp from the respective share among medium enterprises and by 8 pp higher than among small enterprises. ^[7]
• Similarly, large enterprises used PaaS more often (38 %) than medium (27 %) or small enterprises (19 %). ^[7]
• 41 % of EU enterprises reported using the cloud and a relatively high proportion (30 % of the total). ^[7]
• The highest proportion of enterprises highly dependent on cloud services were recorded in Sweden (60 %), Denmark (59 %), Finland (57 %) and the Netherlands (56 %). ^[7]
• While in all sectors, majority of enterprises using cloud purchased the most advanced cloud services, the highest proportion of enterprises using sophisticated cloud services was in information and communication (84 %). ^[7]
• The sophisticated cloud computing services were used by 76 % of large enterprises that used cloud computing services compared to 73 % and 72 % of medium and small enterprises that used cloud computing services respectively. ^[7]
• Of the 1.5 million enterprises, approximately 83 % were small enterprises , 14 % medium and 3 % large. ^[7]
• Customers get 442% projected 5 year ROI running Windows on AWS. ^[10]
• In the last 18 months, 79% of companies have experienced at least one cloud data breach; even more alarmingly, 43% have reported 10 or more breaches in that time. ^[6]
• When 92% of organizations are currently hosting at least some of their IT environment in the cloud, that means the majority of all businesses today have experienced a breach. ^[6]
• In fact, according to the same study referenced above, 46% of organizations use cloudbased applications purposebuilt for the cloud, while 54% instead moved them from an on. ^[6]
• One survey found that compliance and auditing challenges are the most common issue that organizations face within Infrastructureasa Service environments; 52% of those surveyed reporting having had difficulties with this. ^[6]
• Compliance and auditing were followed by security issues, with 45%, and actual data breaches, with 26%. ^[6]
• Another survey found the top challenges associated with public clouds to be Controlling cloud costs (40%). ^[6]
• Data privacy and security challenges (38%). ^[6]
• Securing/protecting cloud resources (31%) Governance/compliance (30%). ^[6]
• Lack of cloud security skills/expertise (30%). ^[6]
• Enterprises struggle the most with data privacy and security (42%), governance and compliance (39%) and controlling costs (37%). ^[6]
• SMBs, on the other hand, rank controlling costs as their greatest challenge (43%), followed by data privacy and security (36%), migrating data to the cloud, securing cloud resources, and dealing with a lack of cloud security skills (all 28%). ^[6]
• According to Statista, the top cloud security concerns are data loss and leakage (69%), and data privacy/confidentiality (66%), followed by accidental exposure of credentials (44%). ^[6]
• The same amount conduct weekly evaluations, and a concerning 58% evaluate their posture once a month, or even less frequently. ^[6]
• Additionally, 22% of organizations still assess their cloud security posture manually, which is not only a drain on security resources, but also leaves room for human error in their assessments. ^[6]
• When 93% of organizations are concerned about human error causing the accidental exposure of data, it begs the question as to why more businesses aren’t utilizing the support of security automation. ^[6]
• In the last two years, 34% of identity related breaches have involved the compromise of privileged accounts. ^[6]
• But, despite the very real threat of privileged account compromise, only 38% of organizations are currently using MFA to secure their privileged accounts, and more than 90% of cloud identities are using less than 5% of the permissions they’ve been granted. ^[6]
• As well as user identities, machine identities are also generally over permissioned, and greater than 40% of these are inactive. ^[6]
• Around 25% of all data breaches involve phishing. ^[6]
• This one may come as a surprise, but 59% of ransomware incidents where the data is successfully encrypted involve data in the public cloud. ^[6]
• A recent study found that 41% of breaches caused by cloud misconfiguration are of tech companies, followed by healthcare organizations at 20%, government agencies at 10%, and hospitality and finance at 6% each. ^[6]
• According to IBM, the average cost of a data breach is 4.24 million US dollars. ^[6]
• As for cloud breaches in particular, hybrid cloud breaches were the least expensive, costing an average of 3.61 million US dollars—28.3% less than public cloud breaches. ^[6]
• 79% of enterprises want better integrated security and governance for their data in the cloud. ^[6]
• Organizations are also recognizing the value, as 60% of IT decision makers state that cloud capabilities have helped their organization achieve sustainable revenue growth over the past 12 months. ^[13]
• Now is a perfect time to take a step back, evaluate costs, and develop a. Cloud Migration 82% of IT Leaders. ^[14]

I know you want to use Cloud Migration Software, thus we made this list of best Cloud Migration Software. We also wrote about how to learn Cloud Migration Software and how to install Cloud Migration Software. Recently we wrote how to uninstall Cloud Migration Software for newbie users. Don’t forgot to check latest Cloud Migration statistics of 2024.

Reference

1. deloitte – https://www2.deloitte.com/xe/en/insights/industry/technology/technology-media-and-telecom-predictions/2021/cloud-migration-trends-and-forecast.html.
2. techjury – https://techjury.net/blog/cloud-computing-statistics/.
3. cloudwards – https://www.cloudwards.net/cloud-computing-statistics/.
4. webtribunal – https://webtribunal.net/blog/cloud-computing-statistics/.
5. mordorintelligence – https://www.mordorintelligence.com/industry-reports/cloud-migration-services-market.
6. thesslstore – https://www.thesslstore.com/blog/19-cloud-computing-statistics-that-will-keep-you-awake-at-night/.
7. expertinsights – https://expertinsights.com/insights/50-cloud-security-stats-you-should-know/.
8. europa – https://ec.europa.eu/eurostat/statistics-explained/index.php/Cloud_computing_-_statistics_on_the_use_by_enterprises.
9. flexera – https://www.flexera.com/blog/cloud/cloud-computing-trends-2024-state-of-the-cloud-report/.
10. mckinsey – https://www.mckinsey.com/industries/technology-media-and-telecommunications/our-insights/cloud-migration-opportunity-business-value-grows-but-missteps-abound.
11. amazon – https://aws.amazon.com/cloud-migration/.
12. flexera – https://info.flexera.com/CM-REPORT-State-of-the-Cloud.
13. www – https://www.gov.uk/government/case-studies/how-ons-changed-workplace-culture-to-get-the-best-out-of-cloud.
14. foundryco – https://foundryco.com/tools-for-marketers/research-cloud-computing/.
15. logicworks – https://www.logicworks.com/blog/category/cloud-migration/.

How Useful is Cloud Migration

One of the key benefits of cloud migration is increased flexibility. By shifting to the cloud, organizations can access their data and applications from anywhere with an internet connection, allowing for greater mobility and agility in today’s fast-paced business environment. This flexibility also extends to scalability, as companies can easily scale up or down their cloud resources based on their changing needs without the need for costly infrastructure upgrades.

Another advantage of cloud migration is cost savings. By moving to the cloud, companies can reduce their reliance on expensive hardware and software investments, opting instead for a pay-as-you-go model that allows them to only pay for the resources they actually use. This can lead to significant cost reductions in the long run, especially for small and medium-sized businesses looking to maximize their return on investment.

Furthermore, cloud migration can enhance security and compliance measures. Cloud service providers often have dedicated teams of experts who continuously monitor and update their security protocols to protect against cyber threats. This can be a huge relief for companies that struggle to keep up with the ever-evolving cybersecurity landscape, ensuring that their data and applications remain safe and compliant with industry regulations.

Additionally, cloud migration can also improve collaboration and teamwork within organizations. By storing data and applications in a centralized location, employees can easily access and share information with colleagues in real-time, regardless of their physical location. This can lead to more efficient workflows and better communication among teams, ultimately driving productivity and innovation within the company.

Finally, cloud migration can pave the way for digital transformation. As businesses embrace cloud technologies, they are forced to reevaluate and update their processes and workflows to align with the new digital landscape. This can lead to improved efficiency, competitiveness, and customer satisfaction, helping companies stay ahead of the curve in today’s digital age.

While the benefits of cloud migration are clear, it is important for companies to carefully consider their unique needs and requirements before making the move. Not every organization will benefit from shifting to the cloud, and some may even face challenges with data migration, integration issues, or vendor lock-in. Therefore, it is crucial for businesses to conduct a thorough assessment of their current IT infrastructure and goals before embarking on a cloud migration journey.

In conclusion, cloud migration can be a valuable tool for businesses looking to enhance their flexibility, scalability, security, collaboration, and digital transformation efforts. However, it is essential for companies to approach this move with caution and planning to ensure a smooth and successful transition. With the right strategy and mindset, cloud migration can truly revolutionize the way organizations operate and thrive in the digital age.

In Conclusion

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