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Cloud-Native Apps and Developers Drive Digital Growth

Server virtualization was one of the key steps toward further IT infrastructure abstraction. Every enterprise CIO and CTO knows that managing a server farm is problematic. That's why the quest for container and serverless platforms is driving more organizations to reassess their data center. Cloud container management revenue will grow from a small base of $465.8 million in 2020, to reach $944 million in 2024, according to the latest worldwide market study by Gartner. Among the various sub-segments, public cloud container orchestration and serverless container offerings will experience the most significant growth. Here are the study findings. Container Management Market Development Container management provides software and related services that support the ongoing operation of containers, at scale, in production environments. But production applications are uncommon. "There has been considerable hype and a high level of interest in container technology, but a lower ...

Upside for Overall Cloud IT will Reach $554B in 2021

If you want to appreciate the full extent of the cloud computing phenomena, then you need to comprehend the ongoing impact to the IT ecosystem. It's been fueled by a disruptive series of innovations that have enabled software developers to accelerate the speed of digital transformation. The cloud delivery and consumption model has revolutionized the entire IT industry. But the cloud opportunity extends well beyond the public cloud -- which makes up less than half of all cloud-related spending today -- and includes private and hybrid clouds, as well as managed cloud services, cloud-related professional services, and hardware and software infrastructure for building clouds. Cloud Computing Market Development In its first forecast of the 'whole cloud' opportunity, International Data Corporation (IDC) estimates that worldwide whole cloud revenues will reach $554 billion in 2021 -- that's more than double those of 2016. "The most obvious takeaway from this forec...

Why Serverless Cloud Solutions will Reduce IT Costs

The public cloud computing sector is in a constant state of evolution, as vendors design new IT infrastructure architectures and service providers deploy them in their own unique hyperscale data center facilities. According to the latest analysis of cloud pricing by 451 Research, for the majority of new applications, a serverless solution offers a lower total cost of ownership (TCO) than both virtual machines (VMs) or containers. Severless Cloud Market Development When analyzing serverless offerings from the leading public cloud service providers, 451 Research determined that IBM generally offers the least expensive service, with Microsoft leading for certain other configurations. According to the 451 Research assessment, the TCO of serverless tends to be lower than VMs, even when the VM is hosting containers, because there is no need for developers to provision, configure and manage the infrastructure. As an example, when a serverless function is active for just three quarte...