A lot of people seem to be excited by the potential of this technology. However, there are a lot of sceptics out there who see this as another bubble that will burst.
People like Amazon.com‘s cloud poses a major threat to traditional IT. It is estimated that Amazon Web Services will go from making around $2 billion in 2012 to more than $24 billion by 2022.
This growth will not be overnight, it will be a slow process of growth which means that means enterprise data centres, and traditional IT services will still exist, but the move to inefficient traditional IT to public cloud providers will still happen.
This trend is already driving huge changes in the server market. Already the number of servers shipped by second-tier vendors climbs, traditional OEM’s like Hewlett-Packard see their share declining, according to Gartner. Server revenues worldwide were down 5 percent, to $11.8 billion in the first quarter of 2013.
The movement to cloud-based platforms is inevitable. Even cloud deniers need to come around to the fact that the way we’ve been doing computing in the last 30 years is changing. Core applications, computing, storage, and other IT services will continue to move to public clouds. Although the migration will be slow, it will be steady.