6 Areas to Watch in Cloud Growth – Part 1

The public cloud is set to continue growing with cloud spending expected to reach $122 billion in 2017 according to the latest market reports by IDC and Gartner. According to both IDC and Gartner Software as a service (SaaS) will remain the dominant cloud computing type and continue to grow to almost 60% by 2020.

There are many trends to watch out for over the next three years according to these recent reports and in this two-part post we will share six of these trends with you.

IaaS Leads Cloud Spending Growth in 2017

Gartner says that the highest growth in the public cloud services market in 2017 will come from cloud system infrastructure services, or Infrastructure as a Service (IaaS), which is projected to grow 36.8 percent to reach $34.6 billion.

Professional Services, Retail: Industries to Watch

While discrete manufacturing, professional services, and banking will lead global spending on public cloud services in 2017, over the five-year forecast period the industries that will see the fastest growth in public cloud spending are professional services (23.9 percent CAGR), retail (22.8 percent CAGR), media (22.5 percent CAGR), and telecommunications (22.1 percent CAGR), IDC says.

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Strategix cloud hosting solutions provides several attractive benefits for your company by enabling you to consume computer resources as a utility – just like electricity – rather than having to build and maintain IT infrastructures on-premise.  Extending into the cloud should expand your options without adding complexity allowing you to meet changing business needs with greater flexibility.

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China Cloud Growth Buoyed by Digital Transformation

Gartner says that China’s IaaS cloud market will see high levels of growth thanks to the larger pure-play IaaS providers and telecom-related cloud providers in the market. While the cloud service market in China is several years behind the U.S., it will see high levels of growth along with digital transformation.

Don’t miss part 2 of our post where we share three more cloud growth areas to watch over the next three years.

In a world that is moving so rapidly towards digital can your business afford not to be in on this growing trend? Strategix cloud hosting solutions provides several attractive benefits for your company.

Our cloud server environments are hosted at sophisticated data centres, with the latest redundancies and security measures in place, providing the highest possible uptime, data security availability and automated disaster recovery. Contact us for more information today.

Resource: www.Talkincloud.com

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