Weekly CloudNews: Hybrid Cloud Sales, Cloud Services Market

Welcome to this week’s edition of CloudBolt’s Weekly CloudNews!

Right after Thanksgiving, we’ll be at the last big tech conference of the calendar year, AWS re:Invent in Las Vegas from Dec. 2-6. Come visit us at Booth 2231 and sign up for some time to see CloudBolt in action!

In addition, we blogged this week on five can’t-miss cloud-related sessions you can check out at AWS re:Invent.

With that, onto this week’s news:

Hybrid cloud architecture proving an easy sale

Nick Farrell, Channel Eye, Nov. 14, 2019

“Enterprises plan to aggressively shift investment to hybrid cloud architectures, with respondents reporting steady and substantial hybrid deployment plans over the next five years.

Cloudy outfit Nutanix has released details of its second global Enterprise Cloud Index survey and research report, which states that the vast majority of 2019 survey respondents (85 percent) selected hybrid cloud as their ideal IT operating model.”

Global public cloud services market expected to grow 17% in 2020

Lance Whitney, TechRepublic, Nov. 13, 2019

“As more organizations hop onto the cloud to outsource management of their applications, infrastructure, and other assets, revenue for the cloud services market is projected to jump by 17% in 2020, says Gartner. 

In dollars, the market would bring in $266.4 billion next year, up from $227.8 billion this year. Forecasting even further, Gartner expects the market’s revenue to rise to $308.5 billion in 2021 and $354.6 billion in 2022.”