This is, in fact, a conservative estimate, as 33 percent of organizations had an annual cloud budget spanning between $2.4 million and $12 million. In 2020, this number has risen to $10,000-per month. In 2011, the cloud expenditure of an average company was roughly $6,500. Public cloud migrations can reduce carbon dioxide emissions by up to 59 million tons per year-the equivalent of having 22 million fewer cars on the road! This is an important cloud trend that will only become more important in years to come 02. Focusing your resources on your essential processes will significantly reduce your server requirements and consequently, your energy wastage. read moreД¬ompanies we partner with have seen their energy consumption fall by up to 65 percent while simultaneously reducing their carbon emissions by up to 84 percent, simply by migrating areas of their infrastructure to the public cloud. Learn how a cloud-first approach can help boost your profits and benefit the planet. 44 percent of CEOs are already planning net-zero futures for their organizations with this in mind, so it is going to be increasingly important for you to take advantage of the efficient cloud operations available to you. Our research indicates that higher environmental, social and governance performances endowed organizations with lower volatility and 4.7 times higher margins. Creating value at the expense of values will antagonize you to a large subset of your audience, half of whom do not hesitate to abandon brands that violate their personal ethics. In fact, 80 percent of consumers list sustainability as the most important issue to consider when evaluating organizations-out of nine potential areas of concern. Your approach to the environment will strongly determine how customers view your business.

Table of contentsДў020 has made it clear that consumers donвЂ™t just view organizations as a catalog of their top goods or services, but also as a representation of values. We have compiled a list of 25 trends that we believe will help you contextualize your existing cloud capabilities and identify areas that could lead to future growth. ДЄs we move closer to a cloud-based world, organizations looking to create an advantage for themselves must understand the ebbs and flows of the cloud services industry. Worldwide end-user spending on public cloud services is forecast to grow 18.4 percent in 2021. Worldwide spending on public cloud services is even forecast to grow 18.4 percent in 2021. The cloud has become an essential part of continuing business and is the key to unlocking organizational growth. COVID-19 has facilitated a focus on cloud capabilities as companies compete to thrive in this new remote work environment. It allowed organizations to fuse existing organizational processes with novel cloud technologies to allow for greater flexibility during these uncertain times.

The ability to specialize has expanded, allowing organizations to innovate their business models and processes in pursuit of their core competencies and business goals without compromising on agility.Дў020 has been a pivotal year for the cloud as it played a lead role in facilitating remote work solutions. This intense focus on adaptability has facilitated a form of service-oriented thinking previously thought to be unattainable. The cloud is more than an efficient storage solution-itвЂ™s a unique platform for generating data and innovative solutions to leverage that data. Not surprisingly, around 50 percent of all corporate data is stored in the cloud, as of 2020. At the end of 2020, the virtual weight of all the information in the world was 44 zettabytes (trillion gigabytes), a figure featuring 21 zeroes. However, when put into context with the fact that 90 percent of the worldвЂ™s data in 2013 was created between 20, it's inevitable that more data would invite the need for more data storage. Since 2010, the global cloud services industry has risen year over year to reach a $370 billion valuation in 2020, marking a growth of over 380 percent in ten short years.

Comparing cloud services for business