It’s an exciting period for Cloud technologies in the market. Back in the year 2015, we have seen tremendous growth in cloud technology. We have also seen that both established businesses and startups have mainly dealt with those technologies that are essentially cloud-based. Industry players are racing towards the cloud as they want a front-row seat in this newfound revolution. That’s why the Cloud market is progressing rapidly, and the latest buzz is that Cloud is going to surpass our expectations.
A major part of IT spending will be based on Cloud. According to a recently published research data, by the year 2020, a healthy 60% to 70% of IT infrastructure will comprise software services and technology spending.