INTELLIGENT CLOU
The cloud is
driving digital
transformation
Service providers and enterprises are removing cloud
adoption barriers to get on board says Jeroen Schlosser,
Managing Director, Equinix MENA.
Cloud
technologies are
now generating
massive revenues
for technology
vendors and
cloud service
providers.
A
ll indications are that 2016 was a
watershed year in enterprise cloud
computing growth. According
to Synergy Research Services, cloud
services markets are now growing three
times faster than cloud infrastructure
hardware and software. However, IaaS
and PaaS operators and vendors did not
do too badly; by the end of September
2016, major IaaS and PaaS revenue grew
by a whopping 53 per cent, reaching $148
billion. Hosted private cloud infrastructure
came in second with 35 per cent revenue
growth, followed by SaaS at 34 per cent.
Synergy Research Group’s founder and
Chief Analyst Jeremy Duke called 2016 the
year that cloud started to dominate many
IT market segments.
“Major barriers to cloud adoption are
now almost a thing of the past, especially
on the public cloud side,” Duke said. “Cloud
technologies are now generating massive
revenues for technology vendors and cloud
service providers and yet there are still
many years of strong growth ahead.”
It’s about digital transformation
Synergy Research was not alone in
finding the cloud increased businesses’
bottom line in 2016. In September,
Gartner published research indicating
increases in cloud adoption are saving
enterprises money and accelerating IT
and business transformation.
According to Gartner, cost savings are
significant incentives for cloud growth,
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