by Angela Guess

According to a recent press release, “A new LogicMonitor® survey of nearly 300 industry influencers predicts that enterprises will migrate the majority of their IT workloads from the data center to the cloud by 2020. Fueling this transition will be the 20.8 billion IoT devices Gartner predicts will come online, and the rapid maturation of AI and machine learning technologies. The Future of the Cloud Study also finds that while Amazon holds a dominant leadership position in the public cloud market, Microsoft and Google are closing that gap.”

The release goes on, “LogicMonitor, the leading SaaS-based performance monitoring platform for Enterprise IT, sponsored the survey, polling both AWS re:Invent attendees and industry analysts, media, consultants and vendor strategists to explore what the landscape for cloud services will look like in 2020. “Our customers continue to ask for guidance in planning their cloud migration strategies,” said Jeff Behl, Chief Product Officer for LogicMonitor. “We designed our survey to gather feedback from some key industry influencers to understand their predictions, and to provide our customers with insights and answers.”

It continues, “Survey results confirm that in the short term, 37 percent of all IT workloads will continue to run predominantly on-premises, and 31 percent will run in the public cloud. However, over the next two years, the percentage of premises-based workloads will drop to 27 percent and workloads running in the public cloud will grow to 41 percent with the balance running on private or hybrid clouds. When will 95 percent of all workloads run in the cloud? That’s 10-15 years out but acceleration could pull it in.”

Read more at BusinessWire.

Photo credit: LogicMonitor