Cloud technology has slowly and steadily taken over the tech world. Businesses constantly try to find the most sustaining business model. They have now adopted cloud technology which helps them accomplish things more innovatively, more reliably and more securely – on a much larger scale at the right cost.
According to a study conducted in May 2017, by Cowen and Altman Vilandrie & Company, Public Cloud spending is predicted to grow quickly at about 16% in year-over-year growth in 2017. This study is based on a survey sample of 551 respondents distributed across small, medium businesses and enterprises which use public cloud platforms and services.