Cisco estimates Cloud Computing Traffic to grow 12-fold by 2015
On the issue of Cisco Global Cloud Index (2010 - 2015), The Company has estimated that global cloud computing traffic will grow 12-fold from 130 exabytes to reach a total of 1.6 zettabytes annually by 2015, a 66 percent compound annual growth rate (CAGR).
The Cisco Global Cloud Index is generated from a modeling and analysis of various primary and secondary sources, including more than 30 terabytes of data generated each month over the past year from a variety of data centers around the globe, measurements of more than 45 million broadband-speed tests and third-party market forecasts. The Cisco Global Cloud Index also includes a "workload transition"forecast on the workload shift from traditional data centers to the cloud as well as a "Cloud Readiness" analysis of major geographic regions regarding their networks' abilities to support various types of business and consumer cloud-computing services.
Suraj Shetty, VP, Product & Solutions Marketing, Cisco said, "Cloud and data center traffic is exploding, driven by user demand to access volumes of content on the devices of their choice. The result: greater data center virtualization and relevance of the network for cloud applications and the need to make sense of a dynamically evolving situation. The Cisco Global Cloud Index provides insight into this traffic growth and trends so that organizations can make strategic long-term decisions. We will continue to develop and release the Cisco Global Cloud Index on a regular and ongoing annual basis, contributing to 'cloud readiness' efforts worldwide."
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