New Facts and Statistics on Cloud Computing Release
UK IT Company Flair4IT has released new facts and statistics on cloud computing. Because the cloud industry has now surpassed $1 billion per year in revenue and continues to grow, the company felt now was the time to look at what is happing with this technology. Specifically, the reviewed the individual business needs that exist.
Cloud computing is a technology that enables people to use remote server networks. These are accessed through the internet and can be used to process, manage, store, and share data. Cloud computing is becoming an increasingly important element of IT services, and this prompted UK based IT company Flair4IT to take a look at some of the facts and statistics surrounding this type of technology.
The cloud computing industry currently generates more than $1 billion in revenue each year, and it is showing no signs of slowing down. Consumers appreciate the fact that they can access a range of different technologies, while also ensuring that entry barriers, most notably cost and technical expertise, have been removed. Flair4IT has identified three main service models of cloud computing, which are:
Security concerns and specific business needs are the primary issues that consumers deal with. However, cloud is now available in a public, private, or hybrid model. In so doing, it is able to manage all expectations.
Flair4IT noted that the largest cloud computing segment is Saas (Software as a Service). Around 50% of all the revenue generated by the market is in this area. The vast majority of enterprise applications are now delivered through SaaS models. A number of applications were found to be particularly popular, including:
- Enterprise resource planning software
- Relationship management software
The company also identified the world’s largest providers for SaaS services, and found them to be:
While 50% of the market is dominated by SaaS, other systems are also very popular. One of these is PaaS (Platform as a Service). This system enables consumers to access a specific computing platform, and this can be used to develop new applications. With the increase of open source development, this is very popular. Within PaaS, developers can find things such as programming language environments, databases, web servers, and operating systems. There are a number of big players in the world of PaaS, but the biggest one is Salesforce. Microsoft and Amazon are right on their tail, however. According to Flair4IT, PaaS will always continue to be the smallest of all cloud computing segments, although it will experience some growth.
The last main segment is IaaS (Infrastructure as a Service). With IaaS, customers are able to access support off site. This includes networking, virtual machines, servers, and storage. Today, IaaS occupies around 25% of the cloud computing market. Interestingly, the Flair4IT research demonstrated that demand for IaaS is stagnating, because people are no longer investing in traditional IT infrastructure. Rather, cloud IT infrastructure options are becoming more popular. The biggest IaaS provider is Amazon, who owns around a third of the entire IaaS market. Microsoft and IBM own the same amount combined.
A representative from Flair4IT says:
“Cloud computing is no longer the future, it is the present. Businesses are having increasingly large demands on what the cloud can do for them. SaaS is now so widespread that it often comes as standard on mobile devices and computers. PaaS and IaaS are not as popular with the general market yet, but IT professionals are coming to rely on it more and more often. It will be interesting to see what future developments will hold, but we really can’t see cloud slowing down any time soon.”