GITNUX MARKETDATA REPORT 2024

Diversity In The Cloud Computing Industry Statistics

There is a lack of diversity in the cloud computing industry, with underrepresentation of minority groups in the workforce and leadership positions.

Highlights: Diversity In The Cloud Computing Industry Statistics

  • According to a survey, 74 percent of Tech Chief Financial Officers said that cloud computing had the most significant impact on their business.
  • In 2020, the spending on cloud infrastructure surpassed $129 billion, reflecting broad diversity in infrastructure requirements across businesses.
  • As of 2019, only 26 percent of computing jobs are held by women, showing the need for gender diversity improvement in the industry.
  • As of 2021, AWS is used by 56% business professionals globally, indicating its wide reach across the cloud computing industry.
  • Globally, the cloud computing market is expected to reach $832.1 billion by 2025, demonstrating diverse economic opportunities within the industry.
  • Though diversity is slowly improving, merely 25% of Microsoft's IaaS employees are women.
  • From 2019 to 2022, the number of enterprises deploying cloud services increased by 70%, representing diversity in industries adopting this technology.
  • Despite advancements, only 20% of total enterprise IT workloads have moved to the public cloud so far.
  • Hybrid cloud is adopted by 87% of enterprises, demonstrating diverse usage across different cloud technologies.
  • The percentage of People of Color (non-white individuals) in tech-related jobs in the US is roughly 26%.
  • Cloud computing spending grew by over 37% in 2020, indicating diverse sectors are increasingly investing in these solutions.
  • As of 2021, there have been 25% more departures of women from the tech industry than men, indicating the challenge of maintaining gender diversity.
  • Almost 66% of SMBs currently utilize cloud computing, showcasing diverse use across different sized businesses.
  • The Latinx community makes up just about 8% of the Silicon Valley tech workforce, highlighting the need for more diversity in the industry.
  • Less than 20% of tech jobs are held by women in many of the world’s mature economies.
  • In 2019, only about 32.5% of those working in cloud-related jobs were women, and there is room for improvement there.

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The Latest Diversity In The Cloud Computing Industry Statistics Explained

According to a survey, 74 percent of Tech Chief Financial Officers said that cloud computing had the most significant impact on their business.

The statistic stating that 74 percent of Tech Chief Financial Officers reported that cloud computing had the most significant impact on their business is derived from a survey conducted among CFOs in the technology industry. This statistic implies that a majority of CFOs in the tech sector attribute significant positive outcomes to the adoption and utilization of cloud computing technology within their organizations. The finding suggests that cloud computing is perceived as a crucial factor driving business growth, efficiency, and cost-effectiveness in the tech industry. This statistic provides valuable insights into the perspective and strategic priorities of CFOs in technology companies regarding the transformative potential of cloud computing technology on their businesses.

In 2020, the spending on cloud infrastructure surpassed $129 billion, reflecting broad diversity in infrastructure requirements across businesses.

The statistic states that in the year 2020, businesses collectively spent over $129 billion on cloud infrastructure, highlighting the increasing reliance and investment in cloud technology. This significant expenditure signifies that organizations have diverse infrastructure needs and are adopting cloud solutions at various scales to meet their specific requirements. The substantial amount spent on cloud infrastructure also demonstrates the importance of cloud services in enabling businesses to enhance their digital capabilities, improve operational efficiency, and adapt to the evolving technological landscape. As companies continue to invest in cloud infrastructure, it is clear that the cloud computing market is a critical component of modern business operations and will likely continue to grow in importance and value in the future.

As of 2019, only 26 percent of computing jobs are held by women, showing the need for gender diversity improvement in the industry.

The statistic that only 26 percent of computing jobs are held by women as of 2019 highlights a significant lack of gender diversity within the industry. This imbalance suggests that women are underrepresented in the field of computing, which can have numerous implications including missed opportunities to benefit from diverse perspectives, talents, and skills. Increasing gender diversity in computing jobs is crucial not only for creating a more equitable and inclusive workplace, but also for driving innovation and addressing the workforce shortages in the tech industry. Efforts to improve gender diversity in computing should focus on promoting educational opportunities, supporting career advancement for women in tech, and combating gender biases and stereotypes within the industry.

As of 2021, AWS is used by 56% business professionals globally, indicating its wide reach across the cloud computing industry.

The statistic indicates that as of 2021, Amazon Web Services (AWS) is utilized by 56% of business professionals worldwide, showcasing the extensive adoption and prevalence of AWS within the cloud computing industry. This figure suggests that a majority of businesses and professionals rely on the services provided by AWS for their cloud computing needs, highlighting the platform’s widespread reach and popularity. The broad usage of AWS signifies its established presence and acceptance within the global business community, emphasizing its role as a leading player in the cloud computing market.

Globally, the cloud computing market is expected to reach $832.1 billion by 2025, demonstrating diverse economic opportunities within the industry.

The statistic that the global cloud computing market is projected to reach $832.1 billion by 2025 showcases the significant growth and economic potential within the industry. This substantial figure indicates a rising demand for cloud services and reflects a shift towards digital transformation and technological advancements across various sectors. The robust expansion of the cloud computing market signifies diverse economic opportunities for businesses, entrepreneurs, and tech professionals worldwide, prompting innovation, job creation, and increased competitiveness. This statistic highlights the crucial role that cloud technology plays in driving economic growth, enhancing efficiency, and fostering digital innovation on a global scale.

Though diversity is slowly improving, merely 25% of Microsoft’s IaaS employees are women.

The statistic that only 25% of Microsoft’s IaaS (Infrastructure as a Service) employees are women highlights a significant gender disparity within the company. This suggests that a large majority of the workforce in this particular division is male, indicating a lack of gender diversity within that specific department. Despite some progress in improving diversity within Microsoft, the low representation of women in IaaS positions signals a need for increased efforts to promote gender equality and inclusion in the workplace. This statistic highlights an opportunity for Microsoft to focus on implementing policies and initiatives to attract, retain, and support a more diverse workforce within their IaaS division.

From 2019 to 2022, the number of enterprises deploying cloud services increased by 70%, representing diversity in industries adopting this technology.

The statistic indicates a significant increase in the adoption of cloud services by enterprises over the period from 2019 to 2022. The 70% increase highlights a substantial growth trend in the utilization of cloud technology across various industries. This demonstrates that more businesses are recognizing the benefits of cloud services in enhancing efficiency, scalability, and flexibility in their operations. The rising adoption of cloud services is reflective of a broader trend towards digital transformation and innovation across industries, as businesses seek to leverage technology to stay competitive in an increasingly digital landscape.

Despite advancements, only 20% of total enterprise IT workloads have moved to the public cloud so far.

This statistic suggests that despite the growth and advancements in cloud technology, only a small fraction – 20% – of enterprise IT workloads have transitioned to the public cloud. This indicates that a significant majority of organizations are still primarily relying on traditional on-premises IT infrastructure to manage their operations. The slow pace of migration could be due to concerns around data security, compliance, cost implications, or simply the complexity of transitioning existing systems to the cloud. As the benefits of cloud computing continue to be realized and as these concerns are addressed, we can expect to see a further uptick in the adoption of public cloud services by enterprises in the future.

Hybrid cloud is adopted by 87% of enterprises, demonstrating diverse usage across different cloud technologies.

The statistic indicates that the adoption of hybrid cloud solutions is prevalent among enterprises, with 87% of them incorporating this approach in their cloud strategy. This suggests that organizations are increasingly recognizing the benefits of combining public and private cloud infrastructure to meet their diverse business needs. The use of hybrid cloud indicates a strategic approach to leveraging the strengths of various cloud technologies, such as flexibility, scalability, and cost-effectiveness, to optimize operations and drive innovation. As different cloud technologies continue to evolve, embracing hybrid cloud solutions enables enterprises to effectively navigate the complex cloud landscape and adapt to changing business requirements while maximizing the value of cloud computing services.

The percentage of People of Color (non-white individuals) in tech-related jobs in the US is roughly 26%.

The statistic indicating that around 26% of individuals employed in tech-related jobs in the US are People of Color (non-white individuals) suggests that there is a degree of diversity within the technology industry, but also highlights potential disparities in representation. While the percentage signifies progress towards greater inclusivity, it also points to the need for further efforts to create a more diverse and equitable workforce in tech. Increasing the proportion of People of Color in these roles can bring unique perspectives, skills, and experiences to the industry, fostering innovation and advancement. Companies and policymakers can use this statistic as a benchmark to drive initiatives aimed at promoting diversity and inclusion in tech, ultimately leading to a more representative and thriving workforce.

Cloud computing spending grew by over 37% in 2020, indicating diverse sectors are increasingly investing in these solutions.

The statistic that cloud computing spending grew by over 37% in 2020 reflects a substantial increase in investment across various industries in cloud-based solutions. This rapid growth indicates that businesses from a wide range of sectors are recognizing the benefits of cloud computing, such as scalability, cost-efficiency, flexibility, and data security. The significant increase in spending suggests that organizations are shifting towards cloud services to enhance their operational efficiency, agility, and competitiveness in the increasingly digital marketplace. This trend highlights a transformation in how businesses approach IT infrastructure and technology solutions, emphasizing the importance and value of cloud computing in driving innovation and growth.

As of 2021, there have been 25% more departures of women from the tech industry than men, indicating the challenge of maintaining gender diversity.

The statistic suggests that women are leaving the tech industry at a disproportionately higher rate compared to men, with a 25% difference in departure rates. This trend highlights a concerning challenge in maintaining gender diversity within the tech sector. The higher departure rate of women may indicate underlying issues such as unequal opportunities, lack of support, or biases that contribute to women feeling marginalized or less valued in the industry. Addressing these disparities is crucial for promoting gender equality and creating a more inclusive and diverse tech industry that benefits from a variety of perspectives and talents.

Almost 66% of SMBs currently utilize cloud computing, showcasing diverse use across different sized businesses.

The statistic “Almost 66% of SMBs currently utilize cloud computing, showcasing diverse use across different sized businesses” indicates that a significant majority of small and medium-sized businesses (SMBs) are leveraging cloud computing technology for their operations. This high adoption rate suggests that SMBs see the benefits and value in using cloud services for various tasks such as data storage, software applications, and remote access capabilities. Additionally, the statistic highlights that businesses of different sizes within the SMB category are embracing cloud computing, indicating that this technology is accessible and beneficial for a wide range of organizations, regardless of their scale or resources. Overall, this statistic underscores the widespread adoption and versatility of cloud computing within the SMB sector.

The Latinx community makes up just about 8% of the Silicon Valley tech workforce, highlighting the need for more diversity in the industry.

This statistic suggests a lack of representation of the Latinx community within the Silicon Valley tech workforce, with only about 8% of individuals identifying as Latinx. The low percentage emphasizes the need for increased diversity and inclusion initiatives within the industry to ensure that different communities are adequately represented. Addressing this issue is essential not only for equity and social justice but also for fostering innovation and creativity through the inclusion of diverse perspectives and experiences. By actively working towards greater diversity, the tech industry can benefit from a more inclusive environment that celebrates and leverages the strengths of individuals from a variety of backgrounds.

Less than 20% of tech jobs are held by women in many of the world’s mature economies.

The statistic that less than 20% of tech jobs are held by women in many of the world’s mature economies highlights a significant gender disparity in the technology sector. This implies that there is a disproportionately low representation of women in tech-related roles relative to their male counterparts. The underrepresentation of women in tech not only reflects a lack of diversity in the industry but also suggests potential barriers or challenges that women face in pursuing and thriving in tech careers. Addressing this gender gap is crucial not only for promoting gender equality but also for unlocking the full potential of the technology industry by leveraging diverse perspectives and talents.

In 2019, only about 32.5% of those working in cloud-related jobs were women, and there is room for improvement there.

The statistic indicates that in 2019, women made up only around 32.5% of the workforce in cloud-related jobs, highlighting a significant gender imbalance in the industry. This suggests a lack of diversity and representation of women in cloud computing roles, which presents an opportunity for improvement. Increasing female participation in cloud-related fields can help foster a more inclusive and diverse workplace, bringing in fresh perspectives and innovative ideas to drive industry growth and advancement. Efforts to address this gender gap can involve initiatives such as promoting STEM education for girls, providing support and mentorship programs for women in tech, and actively working to create an inclusive and equitable work environment to attract and retain female talent in cloud computing roles.

References

0. – https://www.www.pwc.co.uk

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6. – https://www.www.statista.com

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8. – https://www.www.cloudtweaks.com

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How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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