There has been a lot of hype around the word ‘cloud’. In fact, wherever you go, and no matter what type of technology you stumble across, there now seems to be a ‘cloud’ version of it. In the fifth week of our 6-week series addressing the myths/misconceptions related to the cloud, we examine the myth that the Cloud is a Fad. According to industry analysts and experts, forget fad. The Cloud is real, it’s here and it’s growing!
MYTH: Cloud is a Fad.
FACT: Cloud is here to stay, and according to Gartner it is accelerating quickly and globally. Based on their 2011-2017 forecast, Gartner expects adoption to hit $250 billion by 20172. And the McKinsey consulting firm forecast that cloud technology could have an economic impact of $1.7 trillion to $6.2 trillion by year 20252.
While its terminology has changed in recent years, and the ways in which the technology is being used have evolved, the concept of cloud computing dates back to the early 1960’s, when computer scientist John McCarthy discussed it at MITs centennial celebration3. Once the Internet matured, the vision of cloud computing became a reality when Salesfore.com began delivering applications through a website in the late 90s. Since then, employing private clouds has become a proven and established service, and if the experts prove to be correct, it is only a matter of time before most organizations have “gone to the cloud.”
Bottom line: The movement to cloud-based platforms is inevitable. Even cloud deniers need to come around to the fact that the way we’ve been doing computing in the last 30 years is changing. Core applications, computing, storage, and other IT services will continue to move to public clouds. Although the migration will be slow, it will be steady.
Next week we wrap up our six-week series with our final myth: ‘The Cloud is Too Significant to Outsource Control.’ In the meantime, we look forward to hearing from you! Please post your comments.