Market expectations are high for Cloud services in the year 2013. Almost every business, irrespective of its size, is fully optimistic about cloud computing to enable it deliver business value at minimized operating costs. According to a recently conducted Foresights survey, around half of all enterprises in Europe and North America will make investments in cloud services in the current year. Besides, 50% of software development firms will setup applications in the cloud environment.
Cloud predictions for 2013:
•More customer reach
According to a research report generated by 451 Market Monitor, the market for cloud consulting services is expected to reach $16.7B. This even consists of the big and well-established SaaS (software-as-a-service) category. Analyst firm TechMarketView believes that more customers will begin to use SaaS and hosted business process (BPaaS). Cloud computing technologies will need to respond to business expectations in new and unique manner. They must retort with new services, contracting models and partnerships in order to meet greater client expectations. This will help to determine which suppliers and models are expected to succeed or fail.
•Market growth up to $46.8B
As per the Cloud Storage Market- Worldwide Forecasts & Analysis research report, the cloud IT services throughout the global market are likely to grow from $5.6B in 2012 to $46.8B by this year. This report has been published by MarketsandMarkets.
•Federal government infrastructure
As per the U.S. Federal Cloud Computing Market Forecast 2013, cloud services’ market for the Federal Government will get into double-digit growth phase - at approximately 16% CAGR (compound annual growth rate) over 2013-2018 time- period.
•IaaS market growth up to 47.8% through 2015
Gartner, an IT research and advisory firm that is headquartered in Stamford, Connecticut, predicts that the IaaS market will grow up to 47.8% through 2015. According to Gartner, cannibalization and consolidation will take place in the 2013-14 time-period.Therefore, cloud consulting is predicted to grow exceptionally this year. This environment will undergo immense changes over 2013, as most of the companies will move towards it.
About Albion Global
Albion Global is an IT solutions company that has been offering a whole range of IT services to its clients for over a decade. These include infrastructure build services, cloud services, IT consulting services, managed services and remote infrastructure management services.
