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Wednesday, May 8, 2024

Public cloud spending to rise sharply

Thailand’s spending on public cloud services is expected to surge 31.7% year-on-year to 26.8 billion baht in 2021, in tandem with strong growth seen worldwide due to the pandemic, says global tech research firm Gartner.

The company indicated that spending in Thailand could grow 28.2% to 34.4 billion baht in 2022. Last year, 20.3 billion baht was spent on public cloud services.

At the global level, spending is forecast to rise 23.1% year-on-year to $332.3 billion in 2021, up from $270 billion in 2020 and it is expected to hit $397.4 billion next year.

The pandemic has stimulated chief information officers (CIOs) to move mission critical workloads from on-site to the cloud, said Sid Nag, research vice president at Gartner.

“Emerging technologies such as containerisation, virtualisation and edge computing are becoming more mainstream and driving cloud spending,” Mr…

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