IDC report: Business Value of Google Cloud IaaS
Unleashing the value and benefits of Google Cloud IaaS for enterprise applications
The global market for cloud services is projected to reach an impressive $1.1 trillion by 2026. This indicates a significant shift towards migrating existing enterprise applications to the cloud and developing innovative cloud-native apps that harness the power of AI and other transformative technologies.
Exciting opportunities lie ahead for organizations!
In this report, IDC explores the value and benefits of using Google Cloud IaaS to support enterprise applications. Inside, IDC shares how businesses using Google Cloud IaaS are achieving:
- 318% return on investment (ROI) over five years
- 57% more efficient IT infrastructure management teams
- 51% reduced cost of operations over five years
- Nearly 3X more time of IT teams spent on innovation vs other activities
- $3.23 million additional revenue gained
IDC calculates that these organizations will achieve a five-year ROI of 318% and break even on their investment in approximately 10 months.