7 months ago

Gartner: Global cloud consumption will be $679B in 2024

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Gartner forecasts that 2024 will see a 20% global cloud consumption increase from 2023 to $679B, while 2023 has seen an 18% increase from 2022 to $563B. Gartner also states that only 15% of large enterprises currently use Cloud to accelerate business initiatives. Does this mean that most cloud usage so far at the enterprise level has been focused on cost savings and operations streamlining but that the high-value usage of Cloud has yet to come for most enterprises?

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