Tag: Platform as a service

Worldwide cloud services to grow exponentially through 2022

Cloud services are really hot with projected growth of 17.5 percent to US$214.3 billion in 2019, according to Gartner. The momentum is expected to continue through to 2022 with the research firm projecting the market size and growth of the cloud services industry at nearly three time the growth of overall IT services.

Public cloud service in mature APAC region to hit US$10b in 2017

GartnerThe public cloud services market in the mature Asia-Pacific (APAC) region — Australia, New Zealand, Singapore and South Korea — is forecast to grow 17.7 percent in 2017 to total US$10 billion, up from US$8.5 billion in 2016, according to Gartner.

By 2019, Gartner predicts that total public cloud services spending in these countries will rise to US$13.6 billion.

Public cloud services are shared, meterable, elastic and scalable multi-tenanted IT offerings delivered as a subscription-based service to external customers using internet technologies.

India public cloud services to hit US$1.26b in 2016

GartnerThe public cloud services market in India is projected to grow 30.4 percent in 2016 to hit US$1.26 billion, according to Gartner.

The highest growth will come from cloud system infrastructure services (infrastructure as a service [IaaS]), which is projected to grow 32.5 percent in 2016, with platform as a service (PaaS) projected to grow 31.7 percent.

“We are witnessing a shift from legacy IT services to cloud-based services. Cloud services are growing due to organizations pursuing a digital business strategy,” said Sid Nag, Research Director of Gartner.

Australia big on cloud computing

IDCAustralian enterprises are taking to cloud computing. According to IDC’s 2013 Australia End-User Cloud Survey, 86 percent of Australian enterprises were currently using cloud computing, up from 71 percent in 2012.

IDC observed that line-of-business (LOB) managers in leading-edge enterprises had begun to add to CIO’s cloud spending by direct acquisition of cloud services as a delivery mechanism for new competitive offerings within their own industries and marketplaces. This was validated by the survey results where the business unit (69.6 percent) was ranked higher than the IT department (59.8 percent) by the respondents when it came to the responsibility for selection of the service providers in their most recent cloud computing projects.

“Until 2012, cloud was primarily an IT label for IT infrastructure services delivered as a service. Now, cloud is no longer just an IT infrastructure play. Cloud-based business services being acquired by LOB managers will now drive growth in the use of externally sourced services. Cloud in 2013 is now business as usual for CIOs, IT managers, and LOB managers. By 2015, cloud will be just another delivery model for a range of “as-a-service” offerings that are based on infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS),” said Raj Mudaliar, Senior Analyst, Cloud Services Research at IDC Australia.

Gartner: Indian public cloud services market to hit US$443m in 2013

GartnerLooks like the public cloud services market in India is growing fast. According to Gartner, this market is expected to grow 36 percent from US$326 million in 2012 to US$443 million in 2013.

Infrastructure as a service (IaaS), including cloud compute, storage and print services, continues as the fastest-growing segment of the market in India, growing 22.7 percent in 2012 to US$43.1 million, and is expected to grow another 39.6 percent in 2013 to US$60.2 million.

Software as a service (SaaS) continues to be the largest segment of the cloud services market in India, comprising 36 percent of the total market in 2012. Gartner predicts that from 2013 through 2017, US$4.2 billion will be spent on cloud services in India, US$1.6 billion of which will be spent on SaaS.