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The Cloud Is Growing Faster than Expected

Buyers put one-third of their workload into the cloud a year earlier than expected.

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The Cloud Is Growing Faster than Expected
How Technology Incumbents Can Realize Their Cloud Growth Ambitions
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Companies of all stripes—bold first movers and wary followers—are moving to the cloud even faster than they expected to. In Bain’s 2014 survey, companies said they expected to have one-third of their workloads running on cloud services by 2018. They hit that mark a year early and kept going. When we asked again in 2018, executives said they expect to pass the 50% mark by the end of 2022.

Mark Brinda and Kate Woolley are members of Bain & Company’s Global Technology practice. They are based in the firm’s New York office.

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How Technology Incumbents Can Realize Their Cloud Growth Ambitions

Cloud services and related software and hardware accounted for the majority of IT growth in 2013–17.

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