The Growth of Public Cloud: Stats and Facts to Know

Today, 41 percent of workloads are in the public cloud. RightScale’s “2017 State of the Cloud” survey reveals that in the last year, the percentage of organizations using private cloud fell slightly despite the fact 95 percent of companies are using the cloud in some capacity.

The cloud computing industry is still growing rapidly, though a recent survey by Cisco revealed that the majority of industry growth is occurring in public cloud. The study attributed this new popularity to the fact that IT teams are beginning to trust the public cloud. While for many organizations, a hybrid approach that blends public and private is the method of choice, going public with your cloud computing is no longer perceived as a controversial or risky tech decision.

The State of Public Cloud in 2017

For many organizations, there’s little question that cloud adoption can yield flexibility, scalability, and cost saving benefits. There’s little question about the value of cloud adoption and a greater focus on designing a strategy that’s optimized to an organization’s restrictions around security, cost, and other factors.

The concept of public cloud originated over a decade ago in 2006, when Amazon launched Amazon Web Services. While there were clear benefits to early versions of public cloud offerings, Oracle describes the early days of the commercial cloud as products that offered “convenience at the cost of control.” While the technology was certainly cutting-edge, it’s evolved significantly over the past decade to offer customers a higher degree of control and flexibility when it comes to their data, as well as cutting-edge security.

Myths and misconceptions still exist that public cloud is inferior to private or on-premises options for data; despite remarkable advancements in cloud platforms and the range of options offered to customers. While some organizations may have compliance or cultural requirements that dictate using a private cloud for certain sensitive data, others are able to reap remarkable benefits with compliant, high-quality public cloud vendors.

The Public Cloud Is Incredibly Scalable and Reliable

The remarkable growth in the popularity of public cloud has to do with its reliability. Organizations who opt into shared computing resources are able to achieve far better business continuity and risk management; even if their data center resources fail, public cloud vendors can simply transfer their clients’ workloads to another data center without disrupting operations.

In addition to business continuity, organizations using the public cloud have remarkable scalability advantages. When demand for your services spikes, such as a rush of traffic onto your company’s eCommerce platform during an annual sales event, you’re able to scale up immediately in response to demand. This is technically accomplished in a variety of ways, including “elasticity,” or the creation of virtual machines in response to a real-time demand or horizontally scaling workloads onto other computing resources within the public cloud data center environment.

Public Cloud Can Save Some Serious Money

Finally, organizations are moving data and workloads to public cloud options because of superior cost savings. Instead of paying for dedicated resources, which may typically exceed your workload needs, you’re paying for exactly what you’re using. There’s no need to scale your storage in large increments with public cloud resources, which is a common pricing model with private cloud arrangements.

While precise savings can vary drastically according to an organization’s workload, compliance requirements and other factors, one estimate projected an average annual savings of 12 percent using public cloud resources instead of private options.

Is Public Cloud Right For You?

For many organizations, the public cloud is worth a second look. Whether your organization’s data requires a hybrid or fully public workload, building a customized cloud strategy is key to IT success in 2017.  We can help you learn more about how to design a cloud environment the way you want it.  Click here to learn more about Contegix’s managed public, private and hybrid cloud hosting options or contact us to have one of your experts put together a customized solution for your business.