Although estimates of the overall cloud market size vary considerably, the consensus is that cloud computing is growing rapidly. Market Research Media, cited in the Bloomberg report, says the cloud market will reach $270 billion in 2020 while Forrester is not that optimistic, predicting last year that the market will hit $241 billion by that time and says the market will hit about $55 billion by 2014. Continue reading
Infographic Source: VMware
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The only thing keeping business owners away from the cloud is security scares and the fact that it's "new" and so requires some learning.
Business owners will slowly test out cloud services, learn the benefits of migrating to the cloud and then make the slow transition over.
For personal cloud computing, I prefer SkyDrive (I got in when they were giving away 25 GB for free). Their website has some friction points, though. If you want (and only if), check out my YouTube review: http://youtu.be/yGwhfMpKY0c
Cloud computing can bring a number of benefits, especially to businesses, in that it often saves time, money and hassle.
As a cloud provider that has been providing SaaS for 10 years we have seen a change in mind set of ICT managers in the last 12 months, especially in the UK public sector with the launch of the G-Cloud programme. Many organisations are naturally cautious about where they store their corporate assets, which is why the UK government is focussing on independent security certification and accreditation of cloud suppliers. Although we have always treated this subject seriously, it was not until we went through formal ISO 27001 certification that we understood the detailed questions we would ask of the Cloud suppliers we use, especially with regard to independent assessment of their security measures. As an industry that often provides virtualised services via flashy web sites, we need to make sure that clients can validate and trust our marketing statements on cloud security. Only when this happens then the market will grow exponentially.
Right now, the market is standing on the curb, watching all the cloud options unfold like a parade just rounding a street corner.
Majority of IT leaders want to move most of their operations to the cloud. This means they're also confident about the security of this platform.
