2018 Roundup Of Cloud Computing Forecasts And Market Estimates
Cloud computing platforms and applications are proliferating across enterprises today, serving as the IT infrastructure driving new digital businesses. The following roundup of cloud computing forecasts and market estimates reflect a maturing global market for cloud services, with proven scale, speed and security to support new business models. CIOs who are creating compelling business cases […]
By 2020 83% Of Enterprise Workloads Will Be In The Cloud
Digitally transforming enterprises (63%) is the leading factor driving greater public cloud computing engagement or adoption today. 66% of IT professionals say security is their most significant concern in adopting an enterprise cloud computing strategy. 50% of IT professionals believe artificial intelligence and machine learning are playing a role in cloud computing adoption today, growing […]
Cloud Computing Market Projected To Reach $411B By 2020
Worldwide public cloud services market revenue is projected to grow 18.5% in 2017 reaching $260.2B, up from $219.6B in 2016. 2016 worldwide SaaS revenue exceeded Gartner’s previous forecast by $48.2B. SaaS revenue is expected to grow 21% in 2017 reaching $58.6B by the end of this year. Infrastructure as a Service (IaaS) is projected to […]
Gartner’s Hype Cycle for Emerging Technologies, 2017 Adds 5G, Edge Computing For First Time
Gartner added eight new technologies to the Hype Cycle this year including 5G, Artificial General Intelligence, Deep Learning, Edge Computing, Serverless PaaS. Virtual Personal Assistants, Personal Analytics, Data Broker PaaS (dbrPaaS) are no longer included in the Hype Cycle for Emerging Technologies. The Hype Cycle for Emerging Technologies, 2017 provides insights gained from evaluations of more […]
6 Ways Cloud ERP Is Revolutionizing How Services Deliver Results
Cloud ERP is the fastest growing sector of the global ERP market with services-based businesses driving the majority of new revenue growth. Legacy Services ERP providers excel at meeting professional & consulting services information needs yet often lack the flexibility and speed to support entirely new services business models. Configure-Price-Quote (CPQ) is quickly emerging as a must-have […]
How AWS And Azure Competing Is Improving Public Cloud Adoption
Public Cloud spending is predicted to grow at quickly, attaining 16% year-over-year growth in 2017. Cowen’s AWS segment model is predicting Revenue and EBITDA to grow 25% and 26.8% annually from 2017 to 2022. Microsoft Azure is viewed as the platform that customers would most likely purchase or renew going forward (28% of total vs. […]
Roundup Of Cloud Computing Forecasts, 2017
Cloud computing is projected to increase from $67B in 2015 to $162B in 2020 attaining a compound annual growth rate (CAGR) of 19%. Gartner predicts the worldwide public cloud services market will grow 18% in 2017 to $246.8B, up from $209.2B in 2016. 74% of Tech Chief Financial Officers (CFOs) say cloud computing will have […]
Integration Will Accelerate Internet Of Things, Industrial Analytics Growth In 2017
Enabling real-time integration across on-premise and cloud platforms often involves integrating SAP, Salesforce, third-party and legacy systems. 2017 will be a break-out year for real-time integration between SAP, Salesforce, and third party systems in support of Internet of Things and Industrial Analytics. McKinsey Global Institute predicts that the Internet of Things (IoT) will generate up […]
Analytics, Data Storage Will Lead Cloud Adoption In 2017
U.S.-based organizations are budgeting $1.77M for cloud spending in 2017 compared to $1.30M for non-U.S. based organizations. 10% of enterprises with over 1,000 employees are projecting they will spend $10M or more on cloud computing apps and platforms throughout this year. Organizations are using multiple cloud models to meet their business’s needs, including private (62%), […]
Google Getting More Aggressive In The Cloud
Deutsche Bank estimates Google Cloud Platform (GCP) has a $750M revenue run-rate estimate today. The combined revenues of AWS, Microsoft Azure, and GCP are still less than $15B for a market penetration of just 1%-2% of the Total Available Market (TAM). During the 2Q16 call, Google called out Cloud as the primary driver of the […]
