Gartner predicted 75 percent of large enterprises would have hybrid cloud deployments by the end of 2015.

And while we still don’t know if this prediction panned out, spending on hybrid clouds is growing at a compound annual rate of 27 percent, on pace to reach $85 billion by 2019 from $25 billion in 2014, according to researcher Markets and Markets.

What does “hybrid cloud” mean? The term has been around for some time. The National Institute of Standards and Technology defines hybrid cloud (pdf) as “a composition of two or more clouds (private, community or public) that remain distinct entities but are bound together, offering the benefits of multiple deployment models.”

SOURCE: cmswire.com