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Why companies around the world are moving into the cloud

Digital transformation has affected all industries and regions. The world is experiencing an acceleration of digitization and business automation projects. Most companies are now using cloud providers or deploying their private clouds.
Why companies around the world are moving into the cloud
Why companies around the world are moving into the cloud
The pandemic significantly accelerated digitization
The pandemic significantly accelerated digitization
50% of companies increase investment in digitization
50% of companies increase investment in digitization
Cloud opens new approaches to raise the business
Cloud opens new approaches to raise the business
The coronavirus pandemic has damaged the world economy but has significantly accelerated its digitization. Digital initiatives implemented in large organizations and the public sector, which are accelerating the digital transformation, remain dynamic.

In the first months of 2020, the IT market has experienced a major unforeseen change. New tools are being rapidly introduced even by former conservatives.
Pandemic as a booster for digitization
The pandemic has set priorities: online services competently and quickly tuned business processes - all this is impossible without digital tools. The pace of digitization has accelerated significantly. Now all businesses are moving online, even if it was not planned before.

In general, the pandemic has become a catalyst for business digitization through accelerated penetration of all the instruments created earlier. Several digital tools have become the only way to do the job. From an additional part of IT, it has become a leading vital business foundation.

Almost half of the world's companies intend to increase investment in business digitization, IDC notes. According to experts, cloud technologies and remote solutions make a key contribution to the stabilization of the market. The same is evidenced by the study LogicMonitor Cloud 2025. 87% of the IT executives surveyed by the world's leading companies said the pandemic had accelerated migration to the cloud. And 74% of top managers are confident that about 95% of the load will move to cloud services in the next five years.
Cloud for leaders
China and the United States now occupy a leading position in the cloud market, accounting for 75% of the global cloud market. Clouds allowed the top five most expensive U.S. technology companies to double the value of their shares during the pandemic. And according to Daxue Consulting, by the end of 2020, more than 60% of Chinese government agencies and companies will use cloud services.
The pandemic significantly accelerated digitization
The pandemic significantly accelerated digitization
50% of companies increase investment in digitization
50% of companies increase investment in digitization
Cloud opens new approaches to raise the business
Cloud opens new approaches to raise the business
Enterprise Cloud Index from the Nutanix cloud company also describes the acceleration of digitization and the spread of cloud and hybrid technologies. 50% of managers stated that the COVID-19 pandemic had forced them to expand their investment in the hybrid cloud. According to the research, the main urge of the financial sector to renew its IT infrastructure is to increase control over the use of IT (59%), ensuring agility (55%), and ensuring speed (58%). The most encouraging researchers call the hybrid cloud form when the system combines private servers and remote services.

Besides, in most companies, all IT security tools were designed for internal use, the transition to remote work increased the risk of unauthorized access to data. It also contributes to the choice of private and hybrid clouds.
Business has to move quickly
The main problem is the rapidity of transition. The existing systems and regulations of some companies turned into serious obstacles to adapt to the new reality. Many structures did not have the opportunity for a lightning-fast transformation of the workflow.

The deployment of the cloud opens new approaches to the restoration of the business, and its further development. In this case, we are talking about the development of enterprise applications, the processing of large amounts of data, the use of data science, the market of services based on artificial intelligence systems.
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