Cloud computing platforms and app are thriving in the enterprise world today. 80% of enterprises are either running apps on Amazon Web Services (AWS) or experimenting with it. 67% of enterprises are running and/or experimenting on the Microsoft Azure platform. 18% of enterprises making use of Google’s Cloud Platform for running apps and testing and evaluating the Google platform for the future.

A recent study published by IDC on CIO’S IT spending plans for 2019 estimates the spending on cloud services will go up to $141.2 billion with a compound annual growth rate of 19.4 percent.    

Microsoft Azure’s Enterprise adoption went up significantly from 43% to 58% gaining a 35% CAGR while adoption of AWS increased from 59% to 68%. Software vendors are collectively generating around $20 Billion in quarterly revenues in the enterprise SaaS market a number that is growing by 32% per year.

Enterprise cloud computing is quite different from consumer-oriented cloud computing services.

Enterprise cloud computing bundles necessary resources and different types of IT and cloud computing services and provides a community-based enterprise cloud to Individual companies, large and small businesses.  

Easy to use Consumer IT and increasing use of Web 2.0 integrated Internet has changed the way we interact, learn, work collaborate with the world around us. These changes have also affected how we design and manage our value chains and organizations and serve our customers globally.

Many other important reasons are responsible for the rise of enterprise cloud computing.  

Control: The main reason enterprise cloud services are gaining popularity is the control over how you can design, operate and secure your custom services.

Security: Data security is a primary concern while using public cloud which leads organizations to opt for private enterprise cloud services. A public cloud safety is still a question of debate but a private enterprise cloud empowers an organization to decide on its security strategy.

Cloud-based security solutions help you stay safe against SQL injection attacks, defense-in-depth against distributed denial of service (DDoS) attacks, cross-site scripting, and other cybersecurity threats.

Agility. Enterprise cloud services are flexible and highly virtualized as they are built to provide self-service capabilities to organizations. Hence these cloud services are built to provide a high level of IT responsiveness to changing business needs.

Efficiency. In the enterprise cloud model, each business uses and tracks the cloud service closely to monitor and maintain and report back to unit managers. This improves efficiency in the use of IT resources. These could range from cloud storage services to development platforms to any other shared IT services.  

Cost: Cost saving is definitely one of the top reasons for Enterprise Cloud’s success but other factors like global hyper-connectivity play a major role in its rising demand.

Maintenance: The cloud provider maintains and upgrades hardware, and when it comes in SaaS situations, they also manage the software application part.

Scalability: Organizations can scale on demand in a Cloud infrastructure allowing easy management of resources and deal with spikes in traffic

Collaboration: Internal communications and workload management speeds up as the data is stored in servers and accessed from anywhere and shared instantly and securely with colleagues, customers, and other ends users.