Datum 2014
Cloud Storage Adoption Gaining
Among Businesses
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loud
MOHANAPRIYA.R
B.Sc IT - IV
computing
is
helping
businesses
according to an article on Forbes.com.
combat a growing problem: Too much
information
and
not
enough
storage
capacity, according to an article on eWEEK.
With businesses increasingly facing the prospect
of running out of storage capacity, adoption of cloud
com.
storage technologies continues to grow, according to a
report from cloud-integrated storage solutions specialist
TwinStrata.
The survey found that 37 percent of respondents
have been using cloud computing for three or more years,
more than a one-third increase over last year's 27 percent
Market Monitor, a service of 451 Research, recently
number. When compared with last year's survey, overall
released its annual forecast of virtualization, security and
adoption of cloud services has steadily increased across
automation and management revenue through 2016.
all categories, with use of Software as a Service (SaaS)
reaching as high as 62 percent and both cloud storage
Some key takeaways from the report, "Market Monitor
and infrastructure as a service (IaaS) edging closer to
Cloud-Enabling Technologies":
50 percent adoption rates. Platform as a Service (PaaS)
experienced the greatest increase in adoption as more
organizations become increasingly comfortable with the
virtualization, security and automation and management,
cloud, the report indicated.
global revenues will grow from $10.6B in 2012 to $22.6B
“Cloud Technologies Revenue Will
Reach $22.6B by 2016”
Technologies,
defined
as
in 2016, attaining a 21% Compound Annual Growth Rate
(CAGR).
Cloud-Enabling
Cloud-as-a-Service revenues will grow from
"Overall, we find all cloud initiatives reaching
$5.7B in 2012 to $19.5B in 2016, attaining a 36% CAGR.
greater levels of maturity. Last year, we found that more
Market Monitor defines Cloud-as-a-Service as externally
organizations intended to use Platform as a Service and
delivered services, specifically third party, that are hosted
cloud storage than had actually deployed them," the
and pay-as-you-go with the cloud being relied on as a
report said. "This year, we find that we've passed the
service delivery and consumption model.
tipping point - across all cloud initiatives, more people
have actually deployed cloud services than plan to deploy
them."
Cloud computing is moving up and to the right.A
recent report indicates cloud computing is expected to
bring in some impressive financial figures through 2016,
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