Cloud computing services are becoming the norm in business and the total size of the industry has more than tripled in the last five years. In 2008, it was estimated at a value of about $46 Billion, and by 2014 it is estimated to be worth more than $150 Billion. The following Cloud Computing Infographic illustrates the growth of cloud services:
Growth
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SMBs that embrace Cloud computing and business websites are much more likely to enjoy rising revenue than others, according to accounting software provider, MYOB. The company’s March 2013 MYOB Business Monitor study, which was conducted by research firm Colmar Brunton and surveyed more than 1000 SMBs, found that the businesses that adopted Cloud technologies were twice as likely to see an earnings uplift in the past year. However, only 16 per cent indicated to use […]
Infrastructure is expensive. So it’s no wonder that many businesses traditionally would often spend the bare minimum to get up and running without considering their long term needs. Fast forward to today, and virtualization infrastructure is not only cheap to set up, it doesn’t require any major specialized knowledge to get started. Even the smallest businesses (start-ups especially) generally have at least one or two servers that they use to host their services, but they’re […]
The use of technology is among one of the greatest challenges facing medium sized businesses. It also presents one of the biggest transformational opportunities to drive growth, promote innovation, reduce costs and ensure your business maintains a competitive edge. 1. Free up resources Most businesses today are concerned about the state of the economy. Moving in-house hardware and software to a highly secure data centre means it can be delivered back as a fully managed […]
An interesting infographic forecasting the change in the revenues and growth of cellular, land line and VoIP services through 2015. Source
Biggest spending is going towards tablets, cloud and virtualization, according to a new study. Small and medium-sized businesses are spending more money on IT, including adopting tablets, cloud services and virtualization to a greater extent, according to Spiceworks’ State of SMB IT survey. IT budgets at companies with fewer than 1,000 employees grew 6 percent in the first half of 2012 from the second half of 2011, and 15 percent year-over-year, according to the survey. […]
The Business Software Alliance, which represents US companies such as Microsoft, ranked 24 countries that account for 80 per cent of the global ICT market based on seven policy categories that measure the countries’ preparedness to support the growth of cloud computing. Brazil finished last in the survey, earning only 35.1 points out of a possible 100 because of its policies in areas such free trade, security, data privacy and cybercrime. India – which has […]
When it comes to outsourcing, you ain’t seen nothing yet. Coming up is not just more outsourcing, although that will happen. As the industry evolves, and as new technology comes into play–based in the cloud–IT services will become different in kind. They will have a lot to do with strategy; and the changes may fundamentally change the economics of some industries, resulting in new winners and losers. That’s the message I heard in Mumbai earlier […]
The cloud will be discussed everywhere in 2011, but how much money actually is there in the cloud business? In a live webcast event this week, analyst firm IDC’s Research Vice-President Cindy Borovick forecast a $1.6 billion cloud market in 2011. Borovick’s forecast is not for the entire cloud services ecosystem, but rather is a subset of IDC’s data center and networking forecast. The $1.6 billion figure is IDC’s projection for network equipment revenues used […]
CIO Magiazine has four predictions for cloud computing in 2011 here: It’s been an incredibly interesting, exciting, and tumultuous year for cloud computing. But, as the saying goes, “you ain’t seen nothin’ yet.” Next year will be one in which the pedal hits the metal, resulting in enormous acceleration for cloud computing. One way to look at it is that next year will see the coming to fruition of a number of trends and initiatives […]
More cloud stats, this time from here: By 2011 Merrill Lynch says the cloud computing market will reach $160 billion. The number of physical servers in the World today: 50 million. By 2013, approximately 60 percent of server workloads will be virtualized By 2013 10 percent of the total number of physical servers sold will be virtualized with an average of 10 VM’s per physical server sold. At 10 VM’s per physical host that means […]