The latest Hype Cycle profiles 29 technologies, down from 33 last year. Gartner’s latest Hype Cycle for Cloud Security report reflects the progression enterprises are making in adopting cloud-first strategies across all lines of business and at the infrastructure level. Gartner predicts that through 2025, more than 99% of cloud breaches will be traced back to preventable misconfigurations or mistakes by end users. The more complex an enterprise’s cloud infrastructure is, the more challenging it becomes to secure. The cloud’s enterprise dominance brings more sophisticated, complex cybersecurity risks and breach attempts that require correspondingly higher-level security techniques. The greater the cloud complexity in an enterprise, the greater the cybersecurity risks. By 2023, 70% of all enterprise workloads will be deployed in cloud infrastructure and platform services, up from 40% in 2020. As a result, worldwide public cloud services are predicted to grow from $387.7 billion in 2021 to $805.5 billion in 2025. Gartner cites the accelerating cloud adoption in enterprises following the pandemic, which is expected to drive a five-year compound annual growth rate (CAGR) of 21.5%.
However, IT skeptics became believers when cloud infrastructure scaled up and down in response to unpredictable workloads with no previous forecast data to rely on. Cloud infrastructure also enabled IT to meet tight time-to-market schedules for new applications and systems.
In addition, 61% of enterprises that integrated cloud as part of their digital transformation efforts grew revenue by 25% or more. A McKinsey survey of global executives found that the pace of digital transformation accelerated by seven years in 2020. In 2020, the cloud kept IT roadmaps and initiatives moving forward while supporting growing virtual workforces and a record-breaking pace of digital transformation. Gartner predicts worldwide public cloud services will grow 26.2% in 2021 in the group’s latest Forecast: Public Cloud Services, Worldwide, 2019-2025, 2Q21 Update. All the sessions from Transform 2021 are available on-demand now.
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