Intelligent CIO Europe Issue 89 | Page 19

LATEST INTELLIGENCE
How does cloud computing work?
To understand the architectures of multi-cloud and hybrid cloud solutions, it’ s helpful to look at how cloud computing works. Cloud computing is the delivery of computing services – including servers, storage, databases, data governance, networking, software, analytics, and intelligence – over the internet(“ the cloud”) to offer faster innovation, flexible resources, and economies of scale. in 2025, according to Gartner. These key markets are application software, infrastructure software, business process services, and system infrastructure.
By 2025, 51 % of IT spending in these four categories will have shifted from traditional on-premises solutions to the public cloud, compared to 41 % in 2022, according to Gartner. Almost two-thirds( 65.9 %) of spending on application software will be for cloud technologies in 2025, up from 57.7 % in 2022. p
That’ s why the growth of cloud computing has exploded globally, especially in enterprises looking for a secure way to scale and optimize their operations. In fact, enterprise IT spending on cloud computing in highgrowth verticals will overtake spending on traditional IT
PRESENTED BY
www. intelligentcio. com INTELLIGENTCIO EUROPE 19