The market watcher coined the phrase “cloud shift” to describe this ongoing change in IT buying behavior, with the rate of change determined by comparing the amount of money spent on cloud services with investments in on-premise technologies that fulfill the same role.
For example, Gartner predicts that $22bn of IT spending that was traditionally invested in on-premise hardware will be swallowed up by the infrastructure-as-a-service (IaaS) segment this year.
