Cisco recently released the final portion of its Connected World Report, an international survey exploring trends and expectations in IT. The report found virtualization is among the fastest growing technologies in the international market.
Currently, 29 percent of international respondents deploy server virtualization in production and non-production environments. Furthermore, just 29 percent of respondents have at least half of their production servers virtualized. Twenty-eight percent have virtualized non-production servers.
These trends are changing, however, as 46 percent of respondents expect to have between 50 and 100 percent of their production and non-production servers virtualized within the next three years.
According to 30 percent of respondents, enhanced IT agility is the primary benefit of virtualizing servers. Twenty-four percent cited resource optimization and cost reduction as the greatest benefits of server virtualization, and 18 percent said improved application delivery is server virtualizations' greatest asset.
Research from IDC supports Cisco's findings. The market research organization expects the server virtualization market, which includes virtual server hosting, hardware, software and on-premise data centers, to reach $19.3 billion by 2014. By then, 70 percent of all server workloads will take place on virtual machines, the report said.