Cloud Computing to Slice Data Center Energy Consumption by 2020

Cloud Computing to Slice Data Center Energy Consumption by 2020

Cloud computing is set to reduce data center energy consumption of 31% from 2010 to 2020, according to a recent report from Pike Research.  Pike Research is a market research and consulting firm that provides in-depth analysis of global clean technology markets.

Its newly released report “Cloud Computing Energy Efficiency“, provides an in-depth analysis of the energy efficiency benefits of cloud computing, including an assessment of the software as a service (SaaS), platform as a service (PaaS), and infrastructure as a service (IaaS) markets.

The report indicates that companies have recognized the significant energy-efficiency benefits of cloud computing and its growth in the market will have important implications for both energy consumption and greenhouse gas (GHG) emissions.

Cloud computing revenue will grow strongly over the next decade, with a CAGR of almost 29%,” said senior analyst Eric Woods. “But the reduction in energy consumption will be even more significant. Massive investments in new data center technologies and computing clouds are leading to unprecedented efficiencies.”

Pike Research notes that transition to the cloud will continue to accelerate as they are less expensive to operate, consume less energy, and have higher utilization rates than traditional data centers.

The research firm forecasts much of the work done today in internal data centers to be outsourced to the cloud by the end of the decade.

Today, a large number of suppliers of servers, network equipment, disk drives, and cooling and power equipment has begun to design their products to suit the needs of large cloud operators.  This has resulted in improved operating margins through better use of electricity, and in turn to more adoption.

Cloud Computing Energy Efficiency“, also adds that several products designed specifically to optimize cloud computing have only recently begun to reach the market.

By Anuradha Shukla

About CloudBuzz

Discover some of the top aggregated and curated technology news stories from around the world under the CloudBuzz authorship.

Catchup on trending stories related to Big Data, Cloud Computing, Wearable Technology, Internet of Things, Virtual Reality, Mobile Technologies and much more from some of the top information sources.

Find out more
View All Articles

Sorry, comments are closed for this post.

The Conflict Of Net Neutrality And DDoS-Attacks!

The Conflict Of Net Neutrality And DDoS-Attacks!

The Conflict Of Net Neutrality And DDoS-Attacks! So we are all cheering as the FCC last week made the right choice in upholding the principle of net neutrality! For the general public it is a given that an ISP should be allowed to charge for bandwidth and Internet access but never to block or somehow…

The Modular Drone Concept In Action

The Modular Drone Concept In Action

The Modular Drone Concept As the Internet of Things (IoT) world explodes around us, it is interesting to think about new ways of solving old problems. For example, drones allow for a potential solutions to a number of long-standing problems. Aerial drones that can carry modules are appearing. These new modular drones have a number…

Who’s Ready For The Cloud, And Can Deliver!

Who’s Ready For The Cloud, And Can Deliver!

Cloud Ready In my article last month, I discussed how the managed service provider (MSP) industry has been continuously urged to embrace the cloud, but in the end, could they? I answered the questions by describing several impediments and challenges that I believe are preventing MSPs from generating significant revenue and successfully fulfilling their client’s…

Banking On Recurring Revenue In The Cloud

Banking On Recurring Revenue In The Cloud

Recurring Revenue In The Cloud Many common traditions have held up for centuries (Thanksgiving dinner, anyone?), but the post millennial world of business and technology has perennially followed the idea that traditions are meant to be broken. Take a look at the radical change in the way content is consumed.Traditionally, cell phones were used as…

Multi-Cloud Integration Has Arrived

Multi-Cloud Integration Has Arrived

Multi-Cloud Integration Speed, flexibility, and innovation require multiple cloud services As businesses seek new paths to innovation, racing to market with new features and products, cloud services continue to grow in popularity. According to Gartner, 88% of total compute will be cloud-based by 2020, leaving just 12% on premise. Flexibility remains a key consideration, and…

An Old Recurring Revenue Model Gains New Converts

An Old Recurring Revenue Model Gains New Converts

An Old Recurring Revenue Model Due to a range of market forces, a recurring revenue model that’s been used for decades in industries such as airplane manufacturing is undergoing a resurgence. Widely referred to as outcome-based pricing, output-based pricing, and performance pay, it offers companies a compelling way to stand out in a crowded field.…

5 Companies That Took On The Small Business Cloud – And Won

5 Companies That Took On The Small Business Cloud – And Won

The Small Business Cloud We take a look at 5 world-leading tech companies that have brought ground-breaking new cloud services to SMEs  Plenty of organisations have broken into new markets with innovative cloud-based products. Discover which companies have successfully taken on the small business Cloud. Cloud based computer systems are ideally suited to support the…

CloudTweaks is recognized as one of the leading influencers in cloud computing, infosec, big data and the internet of things (IoT) information. Our goal is to continue to build our growing information portal by providing the best in-depth articles, interviews, event listings, whitepapers, infographics and much more.

Advertising