Cloud Networking Changes Everything The public cloud infrastructure-as-a-service (IaaS) market is booming and expected to grow by 47 percent, from $6 billion in 2012 to $9 billion in 2013, according to Gartner’s Forecast Overview: Public Cloud Services, Worldwide, 2011-2016, 4Q Update. Additionally, the overall public cloud computing market, including software-as-a-service (SaaS), platform-as-a-service (PaaS), IaaS and other related services, will grow from $110 to $131 billion over the same period with a CAGR of 41.3 percent through 2016. While this projected growth is significant, cloud computing still represents less than three percent of the $3.7 trillion spent on IT per year.
cloud computing market
Cloud Infographic: The Cloud Economics 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
Survey Says: 3 Years More For Cloud Before It Covers The Whole Sky A recent survey conducted by ISACA on the 2012 Cloud Computing Market revealed good news for the IT people. You would be surprised to know that, despite its popularity, cloud computing is going through its infancy stage. The study shows that three more years may be necessary before we can see a fully developed cloud computing service. There has been a lot of debate about the rapid growth of the cloud and its broadness that may soon change all the business graphs and trends. But according to
What Is Hindering Cloud Computing Uptake? Cloud computing is still young, but everybody is talking about it. It’s great for businesses and individuals at different levels of society. Despite these advantages, cloud computing uptake remains low. Some businesses have adopted it partly, whereas the rest have adopted a wait-and-see attitude. The overall attitude is that people are not enthusiastic about moving their business into the cloud. And whereas individual preferences might explain this slow uptake, there are other possible reasons. 1. IT functionalities IT functionalities are to blame for the slow uptake of the cloud. Matters to do with control,
Why There Is A Visible Relationship Between Mobile Apps And Cloud Computing In the last decade, cloud computing has grown immensely. Private companies, individuals, and non-profit organizations have adopted various cloud solutions in equal measure. The most common among these have been the hosting-based applications. More and more companies host their applications in the cloud. Similarly, there has been an increasing demand coming in from mobile users. The relationship between mobile apps use and cloud computing is direct, but the reasons for this fantastic development may not be that obvious. Immense growth in the mobile sector The results of a recent
India Takes To The Cloud India is the global capital city of outsourcing. As a primary element of cloud computing, outsourcing has propagated the need for most countries to adopt cloud computing, with India being at the front line. The role of telecommunication companies in the expansion of cloud computing is clearly indicated through the entry of Bharti Airtel into the category of service providers. Actually, the India’s largest telecommunications service provider has joined hand with Microsoft to supply elements of the office suite to small and medium enterprises in the country. In essence, this partnership is deemed an important
The Top 20 Most Secure Cloud Hosting Companies: Part 1 (List is in no particular order of preference) 1 – SalesForce SalesForce is a very strong market leader, having developed 105,000 cloud computing applications that run in real time. The aim of the company is to develop applications that allow running the social media communication in real time. Why? The Ruby platform developed by SalesForce is deemed impenetrable by most of the corporate giants. Apart from that, the company has successfully integrated enterprise CRM solutions over the cloud platform. 2 – Verizon Terremark Verizon is of the most famous cloud computing platforms and is
Cloud Computing Market Size – Facts And Trends Although estimates of the overall cloud market size vary considerably, the consensus is that cloud computing is growing rapidly. I came across interesting statistics while reading about this topic. 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. So, what are the trends in the cloud market? Software-as-a-Service (SaaS) offers more growth opportunities
