Global Market Insights estimates that cloud providers will host the majority of data warehousing loads by 2025. But don’t take their word for it. Gartner estimates that 30 percent of data warehousing workloads now run in the cloud and that this will grow to two-thirds by 2024. Just a few years ago in 2016 the figure was less than 7 percent, also according to Gartner.
None of this should be a surprise. Even the core data warehouse technology providers have seen this trend and are spending the majority of their R&D budgets to build solutions for public cloud providers. Moreover, the public cloud providers themselves have “company killing” products, such as AWS’s RedShift, a columnar database designed to compete with the larger enterprise data warehouse players.