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Public or Private Cloud: Understanding What is Best for Enterprises
Cloud computing has become an integral part of business today, with public and private cloud representing two transformative categories of this form of network-computing. The operational benefits involved make it critical for emerging B2B and B2C enterprises alike to understand the differences between the two and leverage them. According to Gartner, worldwide public cloud services market is expected to reach $206.2 billion by the end of 2019, while Statista had forecasted that worldwide enterprise spending in true public cloud market would reach $32 billion by 2018. The increasing dependency on both public and private cloud is further growing at a significant rate; Forrester estimates cloud spending to grow by 20% while Gartner predicts that more than half of the global enterprises that are using cloud today will choose an all-in-cloud strategy by 2021. To decide between the two major forms of cloud computing, it is advisable to first understand a little more about both public and private cloud.
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