Cloud Computing: On the Path to Market Saturation

“In 2020, we’ll see the public cloud market, including cloud applications (SaaS), development and data platforms (PaaS), and infrastructure (IaaS) services combined, grow to $299.4 billion. Even with slower growth on the horizon, this is a tremendous success for a consolidating, maturing market on its way to half a trillion dollars in just a few years.”

via Forrester

Why Legacy IT Vendors Seek Cloud Niche Viability

The worldwide public cloud services market is projected to grow 17.5 percent in 2019 to total $214.3 billion — that’s up from $182.4 billion in 2018, according to the latest global market study by Gartner.

via Digital Lifescapes

Public Cloud Revenue will Reach $186.4 Billion in 2018

Around the globe, CIOs and CTOs continue to transition to a hybrid multi-cloud service delivery model, supported by on- and off-premises IT infrastructure. Meanwhile, the worldwide public cloud services market is projected to grow 21.4 percent in 2018 to reach $186.4 billion — that’s up from $153.5 billion in 2017.

via Digital Lifescapes

How Digital Transformation is Advancing Hybrid Multi-Cloud

The industries that are forecast to spend the most on public cloud services in 2018 are discrete manufacturing ($19.7 billion), professional services ($18.1 billion), and banking ($16.7 billion). The process manufacturing and retail industries are also expected to spend more than $10 billion each on public cloud services in 2018.

via Digital Lifescapes

Global Public Cloud Spending will Reach $203.4 Billion

Over the 2015 – 2020 forecast period, overall public cloud spending will experience a 21.5 percent compound annual growth rate (CAGR) — that’s nearly seven times the rate of overall IT spending growth.

Source: Digital Lifescapes

Hybrid Cloud Deployments to Gain Momentum in 2017

Based on the findings from the ‘2016 Future of Cloud Computing’ survey, while ~50 percent of all companies either have a cloud-first or cloud-only strategy, some form of a cloud computing deployment agenda is now being reported among the vast majority of survey respondents.

Source: Digital Lifescapes

Business Leaders Drive the Shift to Public Cloud in Europe

Cloud computing adoption is a global phenomena. Line of Business (LoB) leaders are at the forefront. Worldwide revenue from public cloud services will reach over $195 billion in 2020, more than doubling the current market size, according to the latest market study by International Data Corporation (IDC).

Source: Digital Lifescapes

The Shift to Cloud Computing Creates a Disruptive Transition

More than $1 trillion in IT spending will be directly or indirectly affected by the shift to cloud during the next five years, according to the latest worldwide study by Gartner. This transition will make cloud computing one of the most disruptive forces of IT spending across the globe.

Source: Digital Lifescapes

Meta-Cloud: a Coexistence of Distinct Service Providers

CIOs have recognized that they must plan for a world where many cloud platforms coexist together, supporting the diverse needs of user groups within their midst. To some informed cloud service buyers, the notion of a one-size-fits-all public cloud offering now seems absurd.

Source: Digital Lifescapes

Cloud Computing Value-Added Services Gaining Momentum

To compensate for the maturity and competitive pressures within the IaaS market, telecom carriers are expanding their product portfolios in Other Cloud segments — including unified communications, security and business management solutions.

Source: Digital Lifescapes