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
cloud computing market
Forrester Says Cloud May Not Be the Future of IT: Really? I apologize for the attention-grabbing nature of the headline, but that is pretty much what some of the news reports covering Forrester Research’s latest paper on cloud computing said. Delving further, it seems there is a bit of exaggeration at play here. The aforementioned news items (See: Forrester: Cloud is not the future of IT and Cloud is not the future of IT, claims Forrester) were looking at Forrester’s Make the Cloud Enterprise Ready report, itself a part of the research firm’s Playbook on Cloud Computing, a framework for
Cloud Worth Billions: Emerging Trends In Cloud Computing Investment Cloud technology and its associated service market are flourishing with each passing day due to significant contributions from a broad spectrum of vendors. The rate of maturation of this vibrant and promising market is surprisingly fast and is primarily due to the fact that the technological shift towards the cloud itself contains a plethora of opportunities for start-ups and established businesses alike. The diverse range of inventive solutions for software, platforms and infrastructure is a clear indication that a custom, tailored cloud service is bound to exist in order to meet venture
10 Things To Look For In Your Cloud Service Provider The cloud computing market is exploding with a large number of new entrants. If you are shopping around for a cloud service provider (CSP), here are ten things you should keep in mind. 1. Technical Expertise A cloud computing service is not a commodity: it is not as simple as providing you with a computer in a server farm. It requires a lot of technical expertise to set up the right system that guarantees security for your data and lets you run your business without interruption. Thus, the first thing you
Foreign Invasion Through Cloud Computing “India Conquered and dominated China culturally for 20 centuries without ever having to send a single soldier across her border.” — Hu Shih (1891–1962), Chinese philosopher and scholar As is evident from this quote, a foreign invasion does not have to be on the strength
Frost & Sullivan: U.S. Department of Defense’s Shift to Cloud Computing Saves Costs, but Unlocks Network Security Threats MOUNTAIN VIEW, Calif. – April 18, 2012 - The high costs of operating, securing and maintaining a large variety of often redundant legacy stove-piped networks has steered the U.S. Department of Defense (DoD) toward mature commercial off-the-shelf (COTS) technology. Cloud computing will enable the DoD to share servers, storage devices and applications to save resources and time. The military can maximize the potential of network-centric warfare and enhance collaboration by using commercially successful service oriented architectures to provide software and applications within a
When Cloud Computing Failed: Harris Corporation Steps Away From the Cloud Amidst all the news of cloud computing successes, the occasional cloud computing failure does draw attention. However, before we write off this incident as an aberration, it’s important to examine the context and reasons why a company that launched cloud computing services with much fanfare only a year ago is now closing down an expensive facility, incurring a loss in the process. Harris Corporation, a Florida-based international communications equipment company that is one of the top Federal contractors, recently announced the intended closure of its cloud computing facility outside
Making The Leap From Public To Hybrid Cloud Computing While the Private vs Public Cloud debate continues to plod along, a major Public Cloud user struck an equally massive blow for Hybrid Cloud when Zynga decided to make the move from AWS to their own zCloud private servers. In a move which flipped 80% of their Public Cloud usage to specialized Private Cloud servers which Zynga have dubbed zCloud, the move illustrates one potential path for small startups and SMBs to follow in their pursuit of massive exponential growth on a Cloud Computing based platform. Just a few years ago,
