Left behind: Who suffers in the cloud shift

Market research firm Gartner states that $111 billion worth of IT spending will shift to the cloud in 2016, and the number will almost double to $216 billion by 2020. That’s a big change.

If you didn’t see this coming, you haven’t been paying attention. Enterprises are moving quickly to the cloud, as they pick the right workloads and pack up as soon as they can (if they can).

The cloud is now systemic to IT in every way, including as a storage solution, a compute solution, and even security and management services. If enterprises and cloud providers are the winners is this market shift, who are the losers?

Traditional IT software and hardware providers will feel the pinch more than others. Most (such as Microsoft and IBM) already offer good cloud alternatives, while others (such as Oracle and HP) have yet to show strong options.