The IDG Enterprise Cloud Computing Study 2014 found that cloud investments have increased by 19% in large-scale enterprises (1,000+ employees) spending on average $3.3M MMM -0.96% a year. In 2015, 24% of IT budgets will be allocated to cloud solutions, with the highest percentage being allocated to SaaS models.
These and other findings are from the IDG Enterprise Cloud Computing Study 2014 published earlier this month. You can download the study and methodology here (PDF, no opt in).
Additional key take-aways from the study include the following:
- 69% of enterprises have at least one application or a portion of their computing infrastructure in the cloud, up from 57% of enterprises in 2012. 18% plan to use cloud-based applications and/or computing infrastructure via the cloud in the next 12 months, and 13% are planning to use cloud-based applications and/or computing infrastructure via the cloud within 1 to 3 years. The graphic below compares three years of survey data:
- Enterprise investment in cloud computing have increased 19% since 2012, with the average investment of large-scale enterprises (+1,000 employees) reaching $3.33M in 2014. Mid- and smaller scale enterprises with less than 1,000 employees spent $400K this year on cloud solutions and technologies. The following graphic shows the spending breakouts by size of companies:
Technology Innovators and Venture Capitalists Like Matt Rogers, Keith Rabois, Steve Papa Share Knowledge at Tech Launchpad Event
SAN JOSE, CA–(Marketwired – Nov 20, 2014) – DEMO Fall 2014 (www.DEMO.com) today welcomed the launch of another 20 technology products and services focused on solving real-life problems. The conference showcased a hand-selected group of entrepreneurs demonstrating new technologies in the areas of Bitcoin and personal finance, cloud, messaging and the Internet of Things, and setting the pace for future technology. Executives, founders, engineers and investors all gathered at the San Jose Convention Center in San Jose to crown the DEMO Gods.
DEMO God Award™ Winners
The Fall DEMO God Awards are presented to the DEMO Fall companies that exhibit exceptional potential to thrive in the market while inspiring and stimulating the DEMO audience. Congratulations to the following companies that were honored with Fall DEMO God Awards during DEMO Fall 2014:
The Work Cloud: Student Loans (www.goslb.com)
Wearables & Hardware: Curb (www.energycurb.com)
Mobile: PathSense (www.pathsense.com)
Smart Data: Celect (www.celect.net) and Ghostery (www.ghostery.com)
Traction Showcase Winner: Templafy (www.templafy.com)
“We traveled the world, meeting with promising startups to look for solutions that harness emerging technology to tackle big problems,” said DEMO executive producer Erick Schonfeld. “The core concept of creativity is looking at problems in new ways, and that is what we celebrated onstage at DEMO Fall.”
Speaker highlights of day two included key executives as well as “founder judges” who provided critiques and feedback to each demonstrating company: