The total investment in the public cloud what end users, both consumers and businesses, will do in 2023, will be close to 600,000 million dollars. Specifically, it will reach 591.8 billion dollars, a figure that represents a growth of 20.7% compared to 2022, which will remain at 490,300 million dollars.
According to Gartner, Infrastructure as a Service (IaaS) will be the public cloud area that will grow the most in investment in 2023: 29.8%. All segments of public cloud computing will grow in 2023, although the areas of Platform as a Service and Software as a Service will be the ones that suffer the most from inflation.
In both cases, the impacts that both PaaS and SaaS will experience are due to staffing issues and companies’ focus on protecting their margins. Even so, next year the investment in Platform as a Service will grow by 23.2% and that which will be recorded in Software as a Service will grow by 16.8%.
Sid Nag, Vice President of Analysts at Gartnerhas recalled that «current inflationary pressures, as well as macroeconomic conditions, are having a tug-of-war effect on cloud investment. Cloud computing will continue to be a bastion of security and innovation, supporting growth in uncertain times due to its agile, elastic and scalable nature. Still, organizations can only spend what they have. Investment in the cloud could be reduced if IT budgets decline, as the cloud remains the main destination of IT spending«.
Still, Nag has pointed out that “The migration to the cloud does not stop. IaaS will continue to grow naturally as companies accelerate IT modernization initiatives to minimize risk and optimize costs. Moving operations to the cloud also reduces capital expenditures by spreading expenses over a subscription period, a key benefit in an environment where cash can be critical to maintaining operations. Higher salaries and more skilled staff are required to develop modern SaaS applications, so organizations will struggle as hiring is cut to control costs. But since PaaS can facilitate more efficient and automated code generation for SaaS applications, the rate of PaaS consumption will increase.«.
Despite everything, and also the pressures of growth, profitability and competition, «cloud spending will continue through perpetual use of the cloud. Once applications and workloads are moved to the cloud, they typically stay there, and subscription models ensure that spending will continue for the duration of the contract, and most likely well beyond. For these providers, investment in cloud is an income«.
