The shift to cloud computing continues to gain momentum, with nearly half of application spending going on-demand within the next four years.
Across key areas of enterprise technology investment — including system infrastructure and software, application software and business process outsourcing — 19 percent of spending currently goes on cloud services.
According to tech analyst Gartner, that will rise to 28 percent by 2022, with growth in enterprise IT spending on cloud-based offerings outstripping growth in traditional, non-cloud IT offerings.