What is IDC?

International Data Corporation (IDC) is the global provider of advisory services, market intelligence, and events for the telecommunications, information technology, and consumer markets. It enrolls more than 1,100 analysts across the world, IDC provides global, regional, and local expert services on technology and field opportunities and going trends in over 110 countries.

IDC's reports and insight helps IT professionals, entrepreneurs, and the investment community to make realistic decisions and to gain their critical business goals.

Founded in 1964, IDC is an owned subsidiary of International Data Group, the world's burgeoning media, data and marketing services company that engages and motivates the global technology buyers.

IDC reports on Cloud

Let’s talk about the recent reports of IDC on the cloud.

Cloud is treading on the path of transformation with an aim to robust businesses with its leveraging features.

According to the reports of IDC, by 2020, public IT cloud will account for 58% of the $355 billion with total spending on development and deployment tools, infrastructure software, traditional plus public cloud applications, storage, and servers.

Off-site private cloud environments will account for 14.9 percent of the total spending and will increase to 11.9% over the year.

On-site private clouds will account for 62.2 percent of the total spending on private cloud infrastructure and will increase to 9.6% over the year.

According to IDC experts, in the mere time, manufacturers will prioritize using the private cloud for their internal IT infrastructure, because of overblown security concerns. However, IDC also predicts that manufacturers will switch to public clouds because public cloud security increases confidence.

Traditional IT spending is sinking as manufacturers get multiple benefits from cloud computing, such as flexibility, scalability and low cost, as their IT companies are satisfactorily adopting cloud. The IDC motivates manufacturers to update their cloud roadmap so that their investments bring benefits to the businesses.

When the cloud is the base, companies become more:

• Intelligent
• Trusted
• Distributed
• Concentrated

IDC’s comprehensive, global view of the cloud opportunity capitalizes on dedicated resources worldwide to provide local views in thriving markets.