Almost a third of key enterprise IT spending to be cloud based by 2022, says Gartner

Cisco may have said that cloud traffic would represent 95% of total data centre traffic by 2021 – but how much of that will be driven by the enterprise? New figures from Gartner give an intriguing picture. The analyst firm has forecast that by 2022 more than a quarter (28%) of spending within key enterprise IT markets will be cloud-based, up from 19% this year. The findings, which have been announced in the run up to Gartner’s Symposium/ITxpo in Australia, show an interesting shift with growth in enterprise IT cloud spending now moving more quickly than more traditional non-cloud markets. Today, application software – such as customer relationship management (CRM) is driving the majority of enterprise IT spending. It will still be the largest market by 2022, but at considerably slower growth, given the saturation of the market, than system infrastructure.