Digital Lifescapes

Why are savvy CIOs and CTOs so focused on Hybrid IT infrastructure solutions? More enterprises are moving to hybrid and multi-cloud environments. According to the latest worldwide market study by 451 Research, the cloud services market will reach $53.3 billion in 2021, that up from $28.1 billion this year. The latest global survey found that cloud service adoption is now mainstream, with 90 percent of organizations surveyed using some type of cloud service. Moreover, analysts expect 60 percent of workloads to be running in some form of hosted cloud service by 2019 -- that's up from 45 percent today. Cloud Services Market Development This represents an ongoing pivot from DIY owned and operated on-premises IT, to a combination that includes cloud or hosted third-party IT services. 451 Research finds that the future of IT is multi-cloud and hybrid with 69 percent of survey respondents planning to have some type of diverse environment by 2019. That being said, the growth in mul...

Cloud computing application demand is growing, but challenges remain. According to the latest market study by Gartner, the worldwide public cloud computing market is projected to grow 17.2 percent in 2016 to reach $208.6 billion -- that's up from $178 billion in 2015. The highest growth will come from cloud system infrastructure services (IaaS), which are projected to grow 42.8 percent in 2016. Cloud application services (SaaS), one of the largest segments in the global cloud services market, is forecast to grow 21.7 percent during 2016 to reach $38.9 billion. Growth of public cloud is partly because organizations are saving 14 percent of their IT budgets as an outcome of public cloud adoption. However, the typical CIO aspiration for using cloud services outpaces actual adoption. Ongoing Market Development Challenges Gartner believes that while many organizations have assessed the need for cloud services, they resist the change. In fact, a large number of organizations stil...

Cloud service brokerage market development is still in the early stages. A recent survey of enterprise cloud adopters showed a near even three-way split between adopting, considering or not planning to adopt brokerage services, according to the latest market study by Technology Business Research (TBR). TBR believes that as things stand today in the marketplace, there is a global lack of education pertaining to the solutions available and benefits or outcomes of cloud computing brokerage adoption by forward-looking IT organizations. Moreover, as vendors are still making decisions regarding their participation within the cloud brokerage market, TBR anticipates it will be a few years before the brokerage concept reaches mainstream status within the typical IT organization globally. "It seems enterprises are adopting brokerage services mostly to have a third-party perform their cloud integration and management tasks, either because they want their IT departments to focus on high...