September: Cloud Computing By Mila D'Antonio and Itzuri Burgos The software cloud will continue to be astronomical, achieving a 19.5% compound annual growth rate (CAGR) from 2011 to 2016 A jump from $13.5 billion to $32.8 billion. There will be an 11% shift of IT budget away from traditional in-house IT delivery, toward various versions of cloud computing as a new delivery model. By 2016 -Source: IDC 42%Of IT decision-makers are planning to increase spending on cloud computing in 2015, with the greatest growth in enterprises with more than 1,000 employees -Source: ComputerWorld 52% Analysts Predict Lift Off for the Cloud The public cloud will grow more than 100% between 2015 and 2018, reaching $128 billion -Source: IDC 28% Of the total cloud workloads will be Infrastructure-as-a-Service workloads, down from 44% in 2013. Source: TechNavio The cloud segment will grow 21% between 2015 and 2016, attaining $106 billion by that time. -Source: Forrester Over the past couple of years cloud computing has seen a big lift in adoption. Now cloud traffic makes up a significant component of data center traffic, and as a result, the growth of interconnected platforms and devices have also proliferated. A look ahead at the projected growth of the cloud looks like adoption will continue at a compounded rate.