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The Latest Projections For Cloud Computing Growth8/3/2011In a recent article over at Datamation, titled, Cloud Computing: The Road Ahead, several research surveys were cited, showing the projected growth rates of Cloud Computing based on type of service and penetraton into various industries. It's well worth reading, but here are some of the highlights... Forrester Research is projecting growth from $40 billion in 2011 to over $214 billion by 2020. This represents year to year growth of over 20% per year. With its latest survey, Gartner received responses from 2,014 CIOs representing more than $160 billion in CIO IT spending and covering 38 industries across 50 countries. The survey found that only 3% of CIOs today have more than half of their infrastructure and applications operating in the cloud. But that number is expected to grow to 46% by 2015, making cloud transformation the hallmark of many CIOs at their current companies. According to IDC, spending on IT cloud services would grow fourfold, reaching $4.6 billion by 2014. By 2012, nearly 85% of net-new software firms coming to market will be built around SaaS service composition and delivery; by 2014, about 65% of new products from established ISVs will be delivered as SaaS services. SaaS-derived revenue will account for nearly 26% of net new growth in the software market in 2014. No matter how you look at it, this is a market that is exploding. Smart IT service providers will position themselves now to be a part of this growth. At ValueReseller, we make it easy for you to add Enterprise class Cloud services to your current menu of services. Give us a call today at 1-800-546-3514 or email sales at valuereseller.com to learn more. Tags: Write a comment: |
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