Recently I read Joe McKendrick's interesting article titled:Cloud Computing Market Hot, But How Hot? Estimates are All Over the Map
Joe's views and predictions are similar to mine. However, he base his opinions on actual survey done by him, as part of his work with Unisphere Research/Information Today Inc and on leading Analyst firms predictions.
I recommend reading Joe's article.
The following bullets quote few highlights:
- Market Research Media,cited in the Bloomberg report, says the cloud market will reach $270 billion in 2020.
- Forrester is a tad less optimistic, predicting last year that the market will hit $241 billion by that time.
- Research firm IDC says the market will hit about $55 billion by 2014.
- The larger companies in the survey are most inclined to be supporting their own private internal clouds. Close to half of the companies with workforces of greater than 10,000 employees (45%) have private clouds in production or in limited use. By contrast, only 11% of the mid-size companies in the survey have such efforts underway.
- Public cloud adoption, on the other hand, is most pronounced among the smaller companies in the survey. One-third of companies with 1,000 or fewer employees use public cloud services, versus 19% of the largest companies in the survey.
1 comment:
LinkedIn Groups
Group: ZapThink Architect Group
Discussion: How hot is cloud Computing?
Cloud is Hot. Period. The question really boils down how the client firm can best utilize it. This is often a function of the question "do you have a need and a budget for IaaS". This is typically driven by the amount of sensitive personally identifiable data your firm needs to collect. If you don't have security or compliance requirements that would require you to collect and/or store lots of SPI data [which, outside of financial and healthcare professionals, is not frequently the case for small businesses], then you will frequently choose to go with a SaaS solution - whether COTS or Developed in House and hosted.
If however, you DO collect a lot of that type of data, then the options for SaaS become a great deal more limited -- at least at the moment. At that point, you must begin to consider using internal systems to store that data, and when thinking strategically, this will mean IaaS. And, conversely, being responsible for the safe storage of this information, a customer firm will typically error on the side of caution, rather than open themselves up to a security or compliance failure risk.
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