Tracking 75 Billion Data Points and Over $5 Billion in Cloud Spend, Cloudability Releases 'State of Cloud 2018' Report

PORTLAND, Ore., March 14, 2018 /PRNewswire/ -- Cloudability, the True Cost™cloud management platform, today announced the release of its report, State of Cloud 2018, a real-world study that analyzed data from over 1,500 companies representing $2.5 billion in cloud spend, 75 billion data points, 3 billion CPU hours and 700M unique compute resources. Conducted over the course of the calendar year 2017, the study provided deep and nuanced insight into cloud technology adoption, spend and usage. Cloudability will unveil the study results as part of a live webinar focused on translating these insights into competitive differentiation today at 11:00 a.m. PDT / 2:00 p.m. EDT.

Among the most revealing insights, the study found that out of hundreds of cloud services, only four account for the majority, or 85% of spend. These include Amazon Elastic Compute Cloud (EC2), with 58.7% market share; Amazon Elastic Block Store (EBS), with 9.9% market share, Amazon Relational Database Service (RDS) with 9.3% market share and Amazon Simple Storage Service (S3) with 6.3% market share. With only 10% of workloads estimated to have moved to the cloud, Cloudability forecasts both continued migration to cloud and for the existing cloud services distribution to hold steady in the near term.

The study also found that Moore's Law continues to hold for cloud compute as companies continue to adopt current generation Amazon EC2 families. At the beginning of 2017, 42% of companies used legacy compute instances, with 58% using current generation instances. By the end of 2017, just 30% of companies remained on legacy compute instances, while 70% had moved to current generation instances. These trend lines indicate that organizations are continuing to take advantage of the advances in improved processor, memory, storage and networking options. Cloudability is also seeing companies breaking the traditional three year data center hardware renewal cycle, instead moving to a 12 month cycle in the cloud.

"The cloud is something that is a profoundly big change, quite literally serving as one of the underpinnings of the fourth industrial revolution. Yet we realized that as we've watched the cloud grow, disrupting some industries while creating exponential new industries and business models, there have been few extensive real-world studies that pinpoint where cloud is and where it's heading" said Erik Onnen, CTO, Cloudability. "With State of Cloud 2018, we wanted to liberate our massive data set, share the insights we are seeing across billions of dollars of cloud spend and help the entire ecosystem - enterprises, devops teams, cloud vendors and industry watchers - to get a better understand of cloud adoption and usage trends."

Additional major study findings included:

Standard compute families are still king: 43% of companies continue to provision most of their compute workloads on standard instances such as T1, T2, M3, M4 and M5. High CPU instances such as C3, C4 and C5 follow closely behind, with 24% of companies provisioning these compute dense instances. 23% of companies provision on memory dense instances, 10% on high IO instances and just 1% on GPU dense instances. That said, growth rates for high IO instances show that customers are increasingly deploying production scale databases in cloud. In the past year, high IO instances grew by 351%, trailed in growth by GPU dense (84%), standard/general purpose (82%), high CPU (77%) and memory dense instances (56%).

Serverless computing continues to see rapid growth: Serverless growth across AWS Lambda and Azure functions continues to see a rapid growth with serverless gaining increased traction. A quarterly breakdown of growth rates over 2017 indicated that serverless grew 100% in Q1, 138% in Q2, 321% in Q3 and 667% in Q4.

Artificial intelligence and machine learning are growing at a rapid clip: Cloudability continues to see high growth rates related to GPU based instances, despite the instance's smaller percentage of overall compute spend on compute.  A quarterly breakdown of growth rates over 2017 indicated that GPU instances grew 100% in Q1, 183% in Q2, 252% in Q3 and 357% in Q4. Cloudability also found that AWS Sagemaker held 33.5 % of GPU based instance market share, trailed by AWS Rekognition (32.5%), AWS ML (24. 7%), AWS Polly (5.9%), AWS Comprehend 2.7% and AWS Lex 0.6%.

The full Cloudability State of Cloud 2018 report, which includes additional detailed and extensive findings, can be found at http://get.cloudability.com/ebook-state-of-cloud-2018.html.

About Cloudability
Cloudability is a True Cost™ cloud management platform that empowers enterprises to run their cloud like a business. Offering the industry's most precise insight into every aspect of cloud usage in real-time, Cloudability ensures enterprises in all phases of cloud migration run their business with cloud financials they can trust. Adopted by a majority of the top 50 Fortune 100 companies across the retail, financial services, healthcare and media sectors, Cloudability helps both enterprises and cloud-native companies leverage advanced analytics, automation and machine learning to transform their cloud infrastructure data into a new source of competitive value, providing disruptive advantage over time. Cloudability is venture-backed and based in Portland, Oregon. For more information, visit www.cloudability.com.

SOURCE Cloudability

Related Links

http://www.cloudability.com