According to Gartner’s latest quarterly IT spending report, the worldwide market for public cloud services hit $91 billion in 2011 and is expected to increase by 19% to $109 billion in 2012.
 

Gartner cloud forecaster further predicts cloud computing to grow by over 100% to be a $207 billion industry by 2016. That compares to the 3% growth expected in the overall global IT market. Whilst it’s true that the $109 billion cloud market represents just a chunk of the overall $3.6 trillion spent on IT globally. Anderson says it’s still responsible, in part, for the slowdown in growth for traditional on-premise hardware and software sales.
 

The IT Directors’ Forum is seeing a similar trend with the cloud.
 

Over the last 4 years, we have seen an overall year on year increase in our delegates' spending within the cloud.
 

In 2009, across both Spring and Autumn events – only 27% of our IT audience were considering and/or implementing cloud solutions compared to 39% so far gathered for 2012, an overall jump of 12%.

 

Cloud Computing featured in the top delegate spending areas at the Spring forum, and the Autumn forum looks set to follow.

 

Please contact Natalie Waxler to discuss how you can become a supplier at this year's IT Directors' forum or Ellen Kielland if you would like to attend as a delegate.