Tag Archive | saas

Upside for Enterprise Messaging and Collaboration

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Though year-end totals have yet to be tallied, the global market for enterprise messaging and collaboration tools are expected to have reached $2.4 billion last year, up 11.8% from 2017, and is forecast to reach $3.2 billion by 2021, IDC now estimates.

via WSJ

Public Cloud Revenue will Reach $186.4 Billion in 2018

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

Hybrid IT Demand Fuels Multi-Cloud Computing Trend

Hybrid IT Demand Fuels Multi-Cloud Computing Trend

The latest Global Cloud Index (GCI) 2016-2021 from Cisco focuses on the worldwide market outlook for enterprise data center virtualization and cloud computing services. Today’s digital business is enabled by Hybrid IT infrastructure that supports the deployment of cloud-based solutions.

via Business Technology Roundtable

How Digital Transformation is Advancing Hybrid Multi-Cloud

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

Next-Gen Digital Business Growth Fuels IT Investments

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Digital transformation projects drive requirements for new business technology investment. Worldwide IT spending is projected to total $3.5 trillion in 2017 — that’s a 2.4 percent increase from 2016, according to Gartner. That growth is up from the previous quarter’s forecast of 1.4 percent.

Source: Digital Lifescapes

Multi-Cloud Usage will Gain New Momentum in 2017

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High growth continues within the public cloud sector. CIOs report that growth in their hosting and cloud computing services spending will outpace growth in their overall IT spending, according to the latest worldwide market study by by 451 Research.

Source: Digital Lifescapes

Global Public Cloud Spending will Reach $203.4 Billion

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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