Facts and Stats

Dec 06, 2016
General Electric predicts investment in the Industrial Internet of Things (IIoT) is expected to top $60 trillion during the next 15 years.
Forbes *

Nov 29, 2016
The worldwide cloud computing market grew 21 percent to $110 billion in 2015 according to Synergy Research Group.
The Motley Fool *

Nov 29, 2016
According to RightScale's State of the Cloud survey, 17 percent of enterprises run over 1,000 VMs (virtual machines) in the public cloud, compared to 13 percent in 2015. 
The Motley Fool *

Nov 29, 2016
Worldwide spending on public cloud services could double from almost $70 billion in 2015 to over $141 billion in 2019, according to research firm IDC.
The Motley Fool *

Nov 29, 2016
The IaaS/PaaS markets are often dubbed the "cloud infrastructure" market. IaaS spending -- fueled by the growing need for remote computing power and storage -- could rise from $38 billion this year (2016) to $173 billion in 2026, according to Forbes.
The Motley Fool *

Nov 29, 2016
Spending on PaaS, which is often overshadowed and merged with IaaS solutions, could hit $7.5 billion by 2020 as developers create more applications within the cloud, according to Global Industry Analysts. 50 percent of PaaS spending could be focused on the Internet of Things (IoT) market by 2020, according to Gartner.
The Motley Fool *

Nov 29, 2016
According to RightScale, 31 Percent of enterprises run over 1,000 VMs in the private cloud, compared to 22 percent last year.
The Motley Fool *

Nov 29, 2016
The biggest challenge for the cloud market today is a lack of resources and expertise, according to RightScale. 32 percent of respondents felt that their IT departments were poorly equipped to handle the growing workloads in the cloud, compared to 27 percent in 2015.
The Motley Fool *

Nov 29, 2016
The average company uses about 1,427 cloud-based services, according to Skyhigh Networks.
The Motley Fool *

Nov 28, 2016
Bain predicts that by 2020 annual revenues could exceed $470B for the IoT vendors selling the hardware, software and comprehensive solutions.
Forbes *