Cloud Computing – A technology where data is collected, processed and distibuted through scalable resources operational capabilities are provided to external customers over the internet based on their access approval.

Cloud Computing services can be broadly categorized into 3 Services –

1)SaaS – Software as a Service
2)PaaS – Platform as a Service
3)Iaas – Infrastructure as a Service

Data as a Service and Everything as a Service are also being sought as part of Cloud services.

SaaS – is a service model for software license where softwares are developed and distributed as a vendor and then customers are provided access to the software for use on paid-basis over the internet.

PaaS – it is a platform where web applications are developed, deployed, tested, and supported as a service based on cloud hosting service.

IaaS – Built on the concept of Cloud hosting, virtual-computer infrastructure is provided as a service.

Worldwide spending on cloud services is projected to grow from $70B in 2015 to an estimated $141B in 2019 – Gartner.

Worldwide Public Cloud Services Revenue Forecast (U.S. Dollars – in Billions)
2016 2017 2018 2019 2020
Cloud Business Process Services (BPaaS) $39.6 42.2 45.8 49.5 53.6
Cloud Application Infrastructure Services (PaaS) $9.0 11.4 14.2 17.3 20.8
Cloud Application Services (SaaS) $48.2 58.6 71.2 84.8 99.7
Cloud Management and Security Services $7.1 8.7 10.3 12.0 13.9
Cloud System Infrastructure Services (IaaS) $25.4 34.7 45.8 58.4 72.4
Cloud Advertising $90.3 104.5 118.5 133.6 151.1
Total Market $219.6 260.2 305.8 355.6 411.4
Source: Gartner (October 2017)

In a Cloud Business Summit held in NYC last year, over 60 percent of enterprises are expected to have at least half of their infrastructure on cloud-based platforms by 2018.

Through the World Wide Web & Cloud Hosting most requirements, specifically information processing, of various sectors esp. IT Sector can be met successfully. This is one of the strongest points of Cloud computing for IT-based solutions. Ace is bullish on cloud-based services and helps clients to speed up their pace and incorporate these services into their mainstream work environment.

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