As technology continues to evolve at an unprecedented rate, organizations are increasingly turning to cloud computing to meet their IT needs. According to a report by MarketsandMarkets, the global cloud computing market is expected to grow at a CAGR of 18.0% from 2020 to 2025, reaching a market size of $832.1 billion by 2025.
For many companies, the days of building and managing their own datacenters are becoming a thing of the past. Instead, they are moving towards consuming IT resources on demand to address time-to-market constraints, while investing in application development resources that can give them a competitive edge. According to a report by Gartner, by 2025, 80% of enterprises will have shut down their traditional data centers, compared to just 10% in 2018.
One company that is helping organizations make this transition is PTP. With a portfolio of services that allows them to focus on what they do best – developing applications and analyzing data – PTP is able to ensure that our clients’ IT environments are architected to best-practice specifications, meet data security standards and compliance, and stay within budget.
By partnering with PTP, organizations can take advantage of the benefits of cloud computing without having to worry about the complexities of managing their own infrastructure. According to a report by Flexera, 93% of enterprises have a multi-cloud strategy, which means that they are using services from multiple cloud providers. PTP’s team of experts can help companies design, deploy, and manage their multi-cloud environments, ensuring high availability, performance, and scalability for mission-critical applications.
In addition, PTP’s services are designed to help organizations optimize their IT spend, by providing transparent pricing and cost-effective solutions. According to a report by RightScale, 64% of enterprises reported that optimizing existing cloud use is their top initiative for cost savings in 2021. This means that companies can focus on driving business value through application development and analysis, without having to worry about the cost and complexity of managing their own IT infrastructure.
As more and more organizations move to the cloud, it’s clear that PTP is well-positioned to help companies take advantage of this trend. With a focus on delivering best-in-class services that meet the needs of their clients, PTP is helping organizations stay ahead of the curve and achieve their business goals in the digital age.
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Sources
Gartner, “Gartner Forecasts Worldwide Public Cloud End-User Spending to Grow 23% in 2021”: https://www.gartner.com/en/newsroom/press-releases/2021-04-06-gartner-forecasts-worldwide-public-cloud-end-user-spending-to-grow-23-percent-in-2021
Cisco, “Cisco Global Cloud Index”: https://www.cisco.com/c/en/us/solutions/collateral/service-provider/global-cloud-index-gci/white-paper-c11-738085.html
Flexera, “2021 State of the Cloud Report”: https://www.flexera.com/about-us/press-center/state-of-the-cloud-report.html
RightScale, “2021 State of the Cloud Report”: https://www.flexera.com/about-us/press-center/state-of-the-cloud-report.html
MarketsandMarkets, “Cloud Computing Market by Service Model, Deployment Model, Organization Size, Vertical And Region – Global Forecast to 2025”: https://www.marketsandmarkets.com/Market-Reports/cloud-computing-market-234.html