In a recently published report, Gartner forecasts that public cloud user spending will reach nearly $600 billion in 2023 worldwide. It shows that the cloud is one of the key engines driving business transformation in companies, thanks in part to evolving technology, including generative artificial intelligence.
Gartner analysts predict that end-user spending on cloud services worldwide will grow by 21.7% to reach $597.3 billion in 2023, up from $491 billion in 2022.
As Sid Nag, Vice President Analyst at Gartner, summarized: Organizations today view cloud as a highly strategic platform for digital transformation, which is requiring cloud providers to offer more sophisticated capabilities as the competition for digital services heats up. For example, generative AI is supported by large language models (LLMs), which require powerful and highly scalable computing capabilities to process data in real-time.
According to the Gartner report, all segments of the cloud market will see growth in 2023. Its analysts also predict that by 2026, 75 per cent of organizations will adopt a cloud-based digital transformation model as their base platform.
– As an experienced Microsoft partner, responsible for hundreds of cloud migrations of companies around the world, we are witnessing a remarkable business acceleration of these organizations, – says Zsolt Potor, Microsoft Global Director at Senetic – Increased flexibility, scalability, better productivity while optimizing expenses are just some of the benefits appreciated by our customers. The cloud is becoming a gateway for the implementation of many modern applications and systems that streamline business processes. The cloud model is developing rapidly, with improvements in cyber security issues and new functionalities, such as those based on artificial intelligence. We are convinced that the cloud is the future of modern IT infrastructure – adds Zsolt Potor.
Senetic is a Microsoft cloud solutions provider and has been implementing these solutions in organizations around the world for years. We support companies in their digital transformation with our unique know-how, competence and experience.
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