The Cloud Market
C
loud is continuing its inexorable growth within
the business environment. Global SaaS software
revenues are forecasted to reach USD 106 billion in
2016, increasing 21% over projected 2015 spending levels. Furthermore, a Goldman Sachs study published
earlier this year projected that spending on cloud computing infrastructure and platforms will grow at a 30% CAGR
from 2013 through 2018, compared with 5% growth for the
overall enterprise IT.
Cloud portfolio management company RightScale released
its 2015 State of the Cloud Survey earlier this year, which
contained many interesting insights into the state of cloud
within the business world.
The business for cloud brokerages is predicted to grow
even more rapidly. TechNavio’s analysts forecast the Global
Cloud Services Brokerage Market to grow at a CAGR of
45.90 percent over the period 2013-2018. One of the key
factors contributing to this market growth is the increasing
complexity in integrating cloud-based solutions with enterprise computing infrastructure.
Not only does this show that a hybrid multi-cloud strategy is
becoming increasingly preferred, but also demonstrates just
how pervasive cloud has become. Indeed, cloud computing
adoption continues to be a given with 93 percent of respondents reporting that they are adopting cloud.
Some of the highlights included:
82 percent of enterprises have a hybrid cloud strategy,
up from 74 percent in 2014
Webstore Early Adopters
https://store.scantracksa.co.za
ScanTrack is a South African-based IT and software development firm, and has developed its core expertise in software asset management, closed loop point of sale,
tuckshop point of sale and software development.
Sources:
http://www.technavio.com/report/global-cloud-services-brokerage-market-2014-2018
http://www.rightscale.com/blog/cloud-industry-insights/cloud-computing-trends-2015-state-cloud-survey
http://www.forbes.com/sites/louiscolumbus/2015/01/24/roundup-of-cloud-computing-forecasts-and-market-estimates-2015/
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