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How the shift to cloud impacts all IT markets

February 01, 2019 / itnewsafrica

Through 2022, growth in enterprise IT spending for cloud-based offerings will be faster than growth in traditional (non-cloud) IT offerings, making cloud computing one of the most disruptive forces in IT markets since the early days of the digital age.When organisations are faced with IT spending decisions, the consideration of using cloud services for new initiatives or replacing existing systems causes a shift in spending from traditional IT solutions to cloud. This results in an effect we call cloud shift, and it is happening more often due to a “cloud-first” preference most organisations take when making IT spending decisions. This cloud-first orientation increases the rate of cloud adoption and, consequently, cloud shift,” said Ed Anderson, Distinguished Vice President Analyst, Gartner. “The rate of cloud shift varies slightly based on the dynamics of each market segment.