Featured Data: Hosting and cloud managed services spending growing faster than overall IT

2017 05 24 DCotW

According to the latest Voice of the Enterprise: Hosting and Cloud Managed Services study, enterprises expect growth in hosting and cloud services spending to outpace growth in overall IT spending by 25.8% to 12%. This trend applies across almost every vertical market and company size category, but is most pronounced among large businesses (1,000-9,999 employees), which expect an average of 33.3% growth in hosting and cloud services spending.

Adoption profiles differ significantly by company size in terms of both rate of adoption and drivers, which reinforces the idea that company size is not just a category distinction; it is indicative of markets with very different hosting and cloud services characteristics. This tells us there is an extremely compelling business case for specialization, and this is one of the reasons the hosting and cloud services market is served by such a wide variety of vendors and vendor types.

451 Research's Voice of the Enterprise: Hosting and Cloud Managed Services tracks and analyzes the disruption occurring in the market today and exposes the major opportunities for enterprises, IT vendors, suppliers and investors. In addition to the regularly quarterly topics, this latest survey focuses on enterprise IT budgets, including the portions focused on hosting and cloud services, and covers current spending and forecasts for 2017.

If you're interested in reading more of our research, apply for trial access here.
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