Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach $679 Billion in 2024

The biggest predictor of an organization’s software security practices is cultural, not technical. API security is affecting the pace of innovation for many organizations. Budgets are increasing across both internal private cloud and public, and across cloud workload types. When it comes to selecting the right cloud provider, more groups are getting a seat at the table.

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This is because, in 2024, businesses are looking beyond the time-and-money-saving opportunities of cloud migration. Emerging use cases across all industries make it clear that it can often be the key to becoming more innovative, agile and successful. To optimize or preserve and protect value, consider data analytics, cloud cyber, and cloud-native investments. Dianam Kearns-Manolatos is a senior manager with the Deloitte Center for Integrated Research where she leads Deloitte’s global research on digital transformation. Clients receive 24/7 access to proven management and technology research, expert advice, benchmarks, diagnostics and more. Fill out the form to connect with a representative and learn more.

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She executes on some of Deloitte’s most strategic initiatives and is at her best when producing, directing, and managing teams, which affect large scale change in the world of business. Name one of Deloitte’s largest transformation and modernization efforts and you’re apt to find Cathleen’s footprints. Cathleen loves to serve clients across industries and her expertise includes analytics, finance transformation, integrated performance management, process improvement, service delivery design and organization, and shared services, to name a few. Cathleen is a leading woman in technology and with three children is helping pave a path for other women in the industry to be felt for decades to come.

  • API security is affecting the pace of innovation for many organizations.
  • All of the major public cloud providers offer Disaster-Recovery-as-a-Service (DRaaS).
  • Edge computing is a cloud-related paradigm in which information is processed as close as possible to the location where it’s collected.
  • The cloud allows you to trade fixed expenses (such as data centers and physical servers) for variable expenses, and only pay for IT as you consume it.

Analyzing the data on the device itself eliminates this cost and also means the user can be alerted more quickly if anomalous data is detected. In 2024, smaller, more power-efficient processors, more memory-efficient algorithms, and advanced networks like 5G all contribute to making edge increasingly viable for a growing number of applications. This high correlation could be from the fact that next-generation tech adopters tend to be futuristic and forward-looking and are thus more mindful of climate challenges and more willing to address them. Hybrid multicloud is the use of two or more public clouds together with a private cloud environment. Many companies choose private cloud over public cloud because private cloud is an easier way (or the only way) to meet their regulatory compliance requirements. Others choose private cloud because their workloads deal with confidential documents, intellectual property, personally identifiable information (PII), medical records, financial data, or other sensitive data.

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Altogether, cloud services offer unparalleled potential for improving business performance and increasing profits. An ideal cloud computing platform should let users analyze what features they’ve used and give them a breakdown of how it affects their costs. This way, a user can easily identify which features are generating high costs and which ones aren’t, and use this information to optimize their spending. OVHcloud is a French cloud computing provider focused on European customers. It is the largest cloud hosting provider in Europe and the third-largest globally based on physical servers.

And video game makers are using the cloud to deliver online games to millions of players around the world. The best cloud computing services offer the opportunity for businesses to undergo digital transformation in order to improve efficiency and reduce costs. As a result, spending on cyber security and building resilience against everything from data loss to the impact of a pandemic on global business will become even more of a priority during the coming year. Deloitte Cloud Services enable enterprise transformation through innovative applications of cloud.

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