Gartner released numbers that point to the growth of cloud computing, specifically, the growth of cloud computing by vertical industry from 2011 to 2016. According to Gartner, anticipated growth opportunities put these industries at the top when it comes to global IT spending:
$84,074M – Banking & Securities
$70,683M – Communications, Media & Services
$63,589M – Manufacturing & Natural Resources
$34,611M – Insurance
$24,907M – Transportation
Not on the list is Healthcare at about $15,000M and Government at about $5,000M. Which is actually more interesting.
The fact of the matter is that Banking & Securities and Communications, Media & Services splurge on new technology that has the potential to add to the bottom line. Indeed, while the economic downturn hit the Banking sector the hardest, they are clearly making up for lost time by quickly getting cloud computing resources on-line.
The sad commentary is that Healthcare and Government, both huge economic forces, are not taking advantage of emerging cloud computing technology. This is somewhat puzzling. They have the most to gain, in terms of modernizing aging infrastructure and moving to more efficient and agile platforms.