April 20, 2024

Cloud Computing and its Rising Veers

2 min read

Due to substantial contributions from wide scale of vendors, cloud technology and its related market are thriving progressively day by day. Due to the fact that technology shifts, that itself holds superfluous opportunities for new businesses, the rate of progress of this vivacious and assuring market is amazingly fast.

The custom made cloud services are destined to exist in order to meet a certain project’s or venture’s demand. This gives it a clear signal of the diverse range of creative and indigenous solutions for software and platforms

Latest Research on Cloud Computing:

Latest research by Vision confers that the cloud computing market will reach $37.9 billion by the end of 2012. Further analysis also predicts that, particularly in developed countries, the potential cloud computing market will increasingly continue to flourish and its demand will increase over the next five years. The research outcomes also show that more than 30% of worldwide enterprises employ at least one cloud-based solution. The report discusses how businesses can influence cloud services to cut-costs, improve productivity and drive a new conception within their organization. According to the author of this report, entitled The Cloud Computing Market 2012–2017:

The majority of the cloud computing uptake would come from SMB’s [sic] from around the world, which are lacking in solid IT infrastructure and are looking to find new and innovative ways of conducting everyday business with the help of cloud technology offerings. Demand will also come from end users who are looking to incorporate the cloud for everyday needs such as entertainment, storage, etc.

The study provides a detailed forecast and insight for the period 2012-2017 into the eight submarkets of cloud computing market:

  • Software as a service (SaaS)
  • Infrastructure as a service (IaaS
  • Platform as a service (PaaS)
  • Cloud security
  • The corporate SaaS cloud market
  • the mobile corporate SaaS cloud market
  • The SMB SaaS cloud market
  • The mobile SMB SaaS cloud market

The report also delivers profiles of 26 leading companies operating within the cloud computing market. The report also contains an exclusive interview with largest cloud computing architect IBM.

The Cloud Computing Market 2012-2017 report will be of great worth to current and future potential investors who wish to endow in cloud computing business. The report gives a complete view of cloud computing and its relevancy to the business sector, with a grave analysis of how companies can effectually pull the cloud to suit their needs. From this report, it’s recognized that cloud computing is vastly being adopted by small and big enterprises and its demand will be huge in the years to come.

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