Any technology, product, or service can become so popular that it develops a trendiness, in which case it becomes difficult to determine if the tool actually has its perceived value or is causing overzealousness in the market. Cloud computing has the huge visibility that could allow it to become an overvalued product, which could allow industry analysts to think it will expand more rapidly than it actually will. This article explores the current industry growth rate projections for the cloud and signs that these growth rates could begin to slow in the years ahead.
The numbers: how fast is cloud growing?
For many reasons, businesses are turning toward the cloud. One key one is that a greater understanding has developed that the security of cloud is preferable to the security of on-premise architecture.