With an ever growing body of evidence, it is clear that cloud computing or business IT migration to the cloud is increasing. IDC forecasts global public IT cloud services to reach $127 billion in 2018, representing a compound annual growth rate of 22.9%!
It is also clear that selling cloud solutions has become the new growth industry for cloud oriented partners and entrepreneurs. Such businesses or practices can expect to experience 60% higher gross profits, double the growth rate and 50% more new customers. And, finally, while all of the preceding is a statement of fact or study, it does not foretell of the complete termination of premise based computers or IT infrastructure. Therein lies the conundrum.
Where is the line between the zealots who say businesses will always need premise based IT and those that say the end is near? (more…)