How to Better Leverage the Cloud for Your Tech Business

10/8/19

By Tracey Welson-Rossman & Keith Gregory, 

A recent report by research company Gartner projects the global public cloud services market to grow 17.5% in 2019 to $214.3 billion, up from $182.4 billion in 2018.

“We know of no vendor or service provider today whose business model offerings and revenue growth are not influenced by the increasing adoption of cloud-first strategies in organizations,” said Gartner’s research VP, Sid Nag. And in the next three years, “Gartner projects the market size and growth of the cloud services industry at nearly three times the growth of overall IT services.”

Here in Philly, a recent survey of 100 Philly-based tech execs surveyed found that three of the top five most desirable tech skills involve the cloud. So why are so many companies turning to the cloud? There are several reasons driving its growth.

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