The future of computing exists in the cloud. Businesses and everyday internet users alike are adapting to this new technology at a growing rate, whether it’s for storage or to access the growing "Everything-as-a-Service" (XaaS) market — which includes Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and more.
As of this year, approximately 80% of organizations use the cloud for its data storage benefits. Globally, the public cloud market was valued at $176 billion in 2018 and is projected to grow by 17.3% year-on-year. Software-, Platforms-, and Infrastructure-as-a-Service are growing in popularity, with Microsoft’s Office 365 and Amazon’s Web Services serving as popular examples.