Gartner projects SaaS

Posted on 2021-01-16 10:28:58 by admin

In 2021, Gartner projects SaaS will remain the largest cloud market segment by revenues, growing to $117.7 billion by year-end. Learn the new cloud strategy for enterprises in 2021 in this blog.

A few years from now, 2020 might just be seen as a pivotal year for cloud computing. It is the year COVID-19 radically altered the IT landscape and made a lot of CIOs and CTOs turn to the cloud to help them handle the enormous set of challenges that the pandemic brought. This global crisis forced most businesses to re-engineer their entire business and employee model. With more staff working from home, more video conferencing, deep strain on the company’s IT network and communication systems, and a full embrace of collaboration technology, it would probably be fair to say that no IT leaders envisioned 2020 quite the way it turned out.

Today, the cloud is used as a repository for Big Data analytics. It hosts Infrastructure as a Service and Software as a Service application. It’s used as a test and development lab, as well as a place for storage. The advantages of using the cloud often far outweigh those of having data accessible locally. Distributed computing, edge computing, hybrid computing, and a move to disaster recovery in the cloud are some of the biggest changes coming to the cloud in 2021.