
KUALA LUMPUR (Nov 11): The ongoing pandemic and the surge in digital services are making cloud the centerpiece of new digital experiences.
In a statement Wednesday (Nov 10), technology research and consulting firm Gartner Inc said the global cloud revenue is set to total US$474 billion in 2022, up from US$408 billion in 2021.
Gartner vice president Milind Govekar said there is no business strategy without a cloud strategy.
“The adoption and interest in public cloud continues unabated as organizations pursue a “cloud first” policy for onboarding new workloads.
“Cloud has enabled new digital experiences such as mobile payment systems where banks have invested in startups, energy companies using cloud to improve their customers’ retail experiences or car companies launching new personalization services for customer’s safety and infotainment,” he said.
Govekar said over the next few years, Gartner analysts estimate cloud revenue will surpass noncloud revenue for relevant enterprise IT markets.
Gartner said that more than 85% of organizations will embrace a cloud-first principle by 2025 and will not be able to fully execute on their digital strategies without the use of cloud-native architectures and technologies.
Govekar said that adopting cloud-native platforms means that digital or product teams will use architectural principles and capabilities to take advantage of the inherent capabilities within the cloud environment.
“New workloads deployed in a cloud-native environment will be pervasive, not just popular and anything noncloud will be considered legacy,” he said.
By 2025, Gartner estimates that over 95% of new digital workloads will be deployed on cloud-native platforms, up from 30% in 2021.
Gartner said by 2025, 70% of new applications developed by organizations will use low-code or no-code technologies, up from less than 25% in 2020.
It said the rise of low-code application platforms (LCAPs) is driving the increase of citizen development, and notably the function of business technologists who report outside of IT departments and create technology or analytics capabilities for internal or external business use.