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According to Gartner, demand for public cloud services will increase by more than twenty percent next year compared to 2023. This makes cloud computing now indispensable, says Sid
According to Gartner, demand for public cloud services will increase by more than twenty percent next year compared to 2023. This makes cloud computing now indispensable, says Sid Nag, vice president and analyst at the agency.
The American research and analysis agency Gartner assumes that the demand for public cloud services will increase by more than a fifth by 2024 compared to this year. The incessant demand for generative AI would be the main reason behind this. Channel Futures reports this.
However, according to Nag, this increased demand does not mean that providers could slow down. According to him, cloud models are now shaped by business and not the other way around.
Gartner predicts global cloud spending will grow 20.4 percent next year. That’s $678.8 billion.
A large part of this increase is due to generative AI, a technology that is set to become mainstream. No matter how hard you try. Compared to this year, artificial intelligence would require 27 percent more cloud usage in 2024. In addition to IaaS, Gartner also sees great progress in PaaS, with an increase of more than 21 percent.
According to Nag, the fact that generative AI is becoming more integrated also leads to many non-technological factors that companies expect cloud providers to take into account:
According to Nag, providers who excel here could open up new sources of income.
It remains to be seen how accurate this Gartner prediction is. This year, the original estimate was that cloud spending would be $597 billion, but that has since been revised to nearly $564 billion.
The agency recently announced further prospects for next year in technology and finance. From global IT spending to the top ten strategic technology trends.
Source: IT Daily
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