Where is the cloud market heading towards?

 In Archive

Here is the list of some of the key trends in the Cloud Computing space that summarizes what has changed in the industry or business landscape.

1. The cloud market continues to be led by pioneers such as Amazon and Salesforce.com while Microsoft, VMware, Google and IBM (along with SoftLayer) have made positive headways. Other players such as Oracle, SAP, HP, Rackspace, Terremark and NetSuite are emerging as serious contenders.

2. Cloud computing is already a key strategy for most organizations. From being seen as a technology enabler earlier on, cloud computing is now garnering more interest for bringing reach, speed and flexibility to businesses.

3. Cloud-managed business applications, field force connectivity and enablement of enterprise processes are becoming a priority for most enterprises. Cloud is also being considered as an integral part of the BC/DR strategy to ensure business continuity.4. According to a recent estimate by Gartner, the public cloud services market is expected to grow 62% by 2015, indicating increased spending on cloud services. Public cloud giants such as Amazon Web Services continue to make significant advancements into core areas like government, financial and public security through various cloud engagements like GovCloud, FinQloud and the recent news about the CIA’s contract for similar reasons.

5. Hybrid clouds are becoming increasingly important as enterprises express their comfort level with a hybrid model in general. Enterprise applications, such as those that demand low latency or deal with sensitive information, are run on a private cloud (close to the users) while other Internet-facing applications are run on public clouds. Technology vendors such as IBM, HP and VMware are bringing attention to many converged IT solutions that are scalable, highly available and are more easily managed than traditional systems.

6. Enhanced trend with ISVs to incorporate cloud/SaaS-based offerings in order to remain competitive. On the one hand, ISVs are re-architecting existing applications for the cloud, while other groups are focusing on building new cloud-only offerings to deliver at faster speed to market. Applications such as Internet apps, user/content-centric apps, web services, collaboration, communication and management apps are the major beneficiaries.

7. SaaS services such as CRM, support, human capital management, and office productivity have become firmly entrenched in businesses of varied shapes and sizes. With players such as Salesforce.com and Microsoft Azure, ISVs are counting on added productivity boost to develop and manage their SaaS offerings.

8. Open source cloud technologies such as OpenStack continue to develop a huge fan following and promise to offer an equal technology realm across different industry segments to create a level playing field for all. The open source PaaS framework Cloud Foundry with its revised strategy has started creating an ecosystem that promises to significantly impact the PaaS roadmap for organizations.

9. Cloud computing is becoming a must-have for businesses to fuel faster innovation. Cloud-based technology naturally propels and has potential to promote trends like a mobile-first service strategy and a Big Data-based delivery of business insights as a service.

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