Digital Lifescapes

Line of Business leaders and forward-thinking CIOs have applied cloud computing services to deliver new applications quickly. At first, IT industry analysts were really unsure of the long-term impact -- because they had assumed that organizations would move cautiously to adopt this progressive business technology. Meanwhile, most traditional IT vendors were monitoring the enterprise shift to cloud computing, particularly SaaS offerings, as the trend started to impact their enterprise software and hardware revenues. Yes, they anticipated change, but they didn't foresee the speed of disruption to their legacy business models. Ultimate Cost of IT Vendor Complacency More than $1 trillion in IT spending will be directly or indirectly affected by the shift to cloud during the next five years, according to the latest worldwide study by Gartner. According to their market assessment, this transition will make cloud computing one of the most disruptive forces of IT spending across the ...

More enterprises are adopting a cloud-first strategy, taking advantage of the speed and agility of cloud computing for infrastructure, platforms and application services. Some nations now have a national movement. Case in point: many South Korean companies have a public cloud-first strategy, with 70 percent of IT organizations reporting an increase in cloud service investments through 2017. As demand blossoms, the worldwide public cloud services market is projected to grow by 16.5 percent in 2016, reaching a total of $204 billion -- that's up from $175 billion in 2015, according to the latest global market study by Gartner. According to the Gartner assessment, the highest increase in cloud adoption will come from Infrastructure-as-a-service (IaaS), which is projected to grow by 38.4 percent in 2016. Cloud advertising, the largest segment of the global cloud services market, is expected to grow 13.6 percent in 2016 to reach $90.3 billion (see Table 1, click to enlarge). ...

Hyperscale public cloud services offer agility, scalability and significant cost benefits that are difficult to achieve in traditional enterprise data centers. These services will serve a strategic role as the foundation for the digital business transformation of the future. At the end of the third quarter of last year, Gartner is predicting a 13.5 percent growth in public cloud services for 2015. This growth is forecast to peak in 2016 and will likely stay constant through 2019, although the actual spend should increase through to 2019. The public cloud computing market is maturing, across the globe. Public cloud services in the Middle East and North Africa (MENA) region is forecast to grow by 19.3 percent in 2016 to reach a total of $880 million -- that's up from an estimated $737 million in 2015, according to the latest market study by Gartner. Public Cloud Service Market Development Moreover, Business Process as a Service (BPaaS), the largest segment of the cloud servic...