Cloud computing has become much more than a trend for a number of companies, with the technology now forming the basis for IT and business growth across multiple industries.

In fact, the adoption of these services is marking a dramatic shift away from standard IT practices, providing a new option for business looking to diversify. Now, these companies can open their doors to the benefits inherent in cloud solutions, such as scalable infrastructure and outsourced maintenance.

Research has found that cloud spending is growing rapidly throughout Australia and the rest of the world, so if you’re still on the fence it could be time to take the plunge.

Cloud spending reaches new heights in Australia

Technology research firm Telsyte plotted the course for the future of cloud computing in Australia, finding that the technology is set to be adopted at a rapid rate over the next five years. In particular, Telsyte discovered that Infrastructure as a Service (IaaS) platforms – where data can be stored off site and transmitted over the internet – will be the catalyst for these spending increases.

The growth the firm is predicting is staggering. As of this year, the IaaS market is worth $366 million. If Telsyte’s forecasts are correct, this will grow to just shy of $800 million by the end of 2019.

According to Telsyte Senior Analyst Rodney Gedda, businesses are catching on to the advantages of moving certain services off the premises.

“Both the uptake and spending value of cloud is increasing as more testing and production workloads, including virtual machine backups and disaster recovery, are being deployed off-premises,” he said.

“The hybrid cloud architecture, and dealing with multiple cloud service providers, both present opportunities for more automation and process improvement.”

What’s happening in the rest of the world?

The global nature of business means that, now more than ever, Australian SMEs need to keep tabs on the developments making waves overseas to ensure they’re up to speed. According to IDC, the international market has its sights set on cloud computing as well.

IDC found that cloud spending increased by 14.4 per cent in the fourth quarter of 2014 alone, reaching US$8 billion worldwide. These figures mean the technology accounted for almost a third (30 per cent) of total IT investment for the quarter, painting it as the IT development of choice for a range of businesses.

Supporting this research, networking equipment manufacturer Cisco confirms this growth will continue for the foreseeable future, not only in financial terms, but in sheer data use as well.

The firm found that by 2018, cloud solutions will be increasingly popular, with 31 per cent focused in the public cloud and 69 per cent in the private alternative.

Scope Logic can tailor a cloud solution for SMEs that ensures your company will not miss out on these developments. Contact us today on 08 9228 4118  or send us an email to arrange a complimentary Cloud Consultation.

What can cloud computing offer your business?

What can cloud computing offer your business?