Cloud Computing Market: Technology Models, Challenges, and Business Benefits

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SaaS and PaaS are the leading cloud computing technology types that will gain prominence within the industry in 2016. Rising demand for hybrid cloud architecture and disaster recovery solutions from companies is considered an important factor, which is encouraging the adoption of IaaS among large companies. Organizations are focusing on various secured storage solutions that provide the flexibility to store and process their data in third-party data centers and significantly reduce their expenditure on IT. Hybrid cloud is expected to see a greater budget allocation in 2016, compared to 2015; communications and IT industries are strongly determined to adopt cloud computing services over the next 12 months.

Scope

• Of the cloud computing implementation types, hybrid cloud is expected to gain interest over the next 12 months

• Flexibility and scalability, and reduced need for purchasing and maintaining IT Hardware are the key factors influencing the deployment of cloud computing

• Respondents operating in Europe are allocating the largest part of their cloud computing budget towards SaaS in 2015 and 2016

• Organizations identify software application hosting and database management system as the key cloud computing services that will gain significance in 2016.

Reasons to Buy

Helps to alter investment allocation by understanding key cloud computing technologies and implementation areas highlighted by survey executives during 2015 and 2016

Highlights key factors and industry verticals influencing the use of cloud computing, thus helping organizations to realign business strategy

Enables organizations to improve work flexibility and scalability and drastically reduces the need for purchasing and maintaining IT Hardware

Helps organizations to enhance their revenue growth opportunities and make effective business strategy decisions by knowing popular cloud computing services.

Oracle
Accenture
Comparex
Microsoft
GoDaddy Inc.
IBM
HP
Wipro
Sales force
Amazon Web Services
SAP SE

Table of Contents

Introduction

• Definitions

• Methodology and sample size

• Respondent profile

Implementation, significance, and adoption of cloud computing

• Preferred cloud computing technology types in the next 12 months

• Cloud computing implementation types favored by organizations in 2016

• Projected hybrid cloud versions to gain prominence within the industry

• Significant drivers supporting deployment of cloud computing

Procurement budget and expenditure outlook

• Investment allocation towards cloud computing services

• Enterprises’ budget allocation towards cloud technologies during 2015–2016

• Change in budget allocation towards key implementation types of cloud computing

Frequently used cloud computing services and implementation concerns within the organizations

• Prominent cloud computing services within the IT industry

• Potential cloud computing services to gain significance in 2016

• Foremost industries to adopt cloud computing services

• Challenges encountered in implementation of cloud computing services

Appendix

Table

N/A

Figures

Figure 1: Projected cloud computing technology types to gain prominence in 2016 – Overall and Region

Figure 2: Projected cloud computing technology types to gain prominence in 2016 – Company types

Figure 3: Cloud computing implementation types favored by organizations in 2016 – Overall and Region

Figure 4: Cloud computing implementation types favored by organizations in 2016 – Company types

Figure 5: Key versions of hybrid cloud within the industry – Overall

Figure 6: Key versions of hybrid cloud within the industry – Region

Figure 7: Key versions of hybrid cloud within the industry – Company types

Figure 8: Important drivers influencing deployment of cloud computing – Overall

Figure 9: Top three drivers influencing deployment of cloud computing – Region

Figure 10: Top three drivers influencing deployment of cloud computing – Company types

Figure 11: Procurement budget allocation towards cloud computing services – Overall

Figure 12: Procurement budget allocation towards cloud computing services – Region

Figure 13: Procurement budget allocation towards cloud computing services – Company types

Figure 14: Enterprises’ budget allocation towards cloud technologies – Overall

Figure 15: Enterprises’ budget allocation towards cloud technologies – Region

Figure 16: Enterprises’ budget allocation towards cloud technologies – Company types

Figure 17: Change in budget allocation towards key implementation types of cloud computing from 2015 to 2016 – Overall

Figure 18: Change in budget allocation towards key implementation types of cloud computing from 2015 to 2016 – Region

Figure 19: Change in budget allocation towards key implementation types of cloud computing from 2015 to 2016 – Company types

Figure 20: Prominent cloud computing services with highest potential benefits – Overall

Figure 21: Top four cloud computing services with highest potential benefits – Region

Figure 22: Top four cloud computing services with highest potential benefits – Company types

Figure 23: Potential cloud computing services to gain significance in 2016 – Overall

Figure 24: Top four cloud computing services to gain significance in 2016 – Region

Figure 25: Top four cloud computing services to gain significance in 2016 – Company types

Figure 26: Key industry verticals to adopt cloud computing services – Overall

Figure 27: Key industry verticals to adopt cloud computing services – Region and Company types

Figure 28: Challenges affecting implementation of cloud computing services – Overall

Figure 29: Top four challenges affecting implementation of cloud computing services – Region

Figure 30: Top four challenges affecting implementation of cloud computing services – Company types

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