Tag: Software 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.

TechnologyOne secures 5-year deal with 3 NZ government agencies

Edward Chung: Delivered on time and on budget.
Edward Chung: Delivered on time and on budget.

TechnologyOne has inked a five-year contract with New Zealand’s Central Agency Shared Services, under which it will provide software-as-a-service (SaaS) to the Treasury, the State Services Commission and the Department of Prime Minister and Cabinet.

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 software market up 8% in 2014

GartnerSoftware revenue in India rose 8.3 percent to hit US$4 billion in 2014, according to Gartner.

“The enterprise software marketplace is dynamic and ever-changing. Its growth and structure are being shaped by the factors and forces of decentralised purchasing, consumerisation and mobility, influence of emerging markets, cloud-based implementations, and new consumption models. Improvement in global economic conditions has somewhat relaxed the strain on the Indian economy, thereby boosting corporate sentiments. Along with a new stable government at the center, this has helped in alleviating concerns about economic growth — to a certain extent — with early signs of spending in growth initiatives beginning to emerge,” said Bhavish Sood, Research Director of Gartner.

Several leading trends include:

  • Software as a service (SaaS) adoption and development
  • Open-source software (OSS) adoption and its broader market implications
  • Changing buying behaviors and purchasing styles associated with the digital business
  • Spending in key growth markets such as India and China

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.

Enhancements to hybris Commerce Accelerator speed up omni-channel functionality deployment

hybrishybris has integrated hybris Commerce Accelerator with hybris Order Management Services (OMS) to enable merchants to deliver a complete omni-channel shopping experience, including browsing and fulfillment – like buy online and pick up in store and cross-channel stock-level display.

This significant enhancement means that B2C merchants of all sizes can now, at an affordable price point, go live with a world-class commerce system in less than four months through ready to use storefront templates and channel integrations that can be deployed quickly and then enhanced with more functionality over time.

Customers can also chose the deployment and purchase model which best meets their needs – traditional on-premise perpetual license, hosted by hybris or on-demand (software-as-a-service) with a monthly fee based on usage or revenue share.

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.