Welcome!

@CloudExpo Authors: Elizabeth White, Zakia Bouachraoui, Liz McMillan, Pat Romanski, Roger Strukhoff

Related Topics: @CloudExpo, Microservices Expo, Containers Expo Blog

@CloudExpo: Article

Cloud Computing Poised to Escalate

Forrester Research says cloud market to grow from $40.7bn in 2011 to $241bn in 2020

A recent report from analyst firm Forrester called "Sizing the Cloud" indicates that cloud computing business will continue to play a significant role in the overall growth of the tech industry. The report predicts that cloud computing encompassing both public and private sectors will grow from $40.7bn in 2011 to more than $241bn in 2020. The momentum in the market should continue to see acceleration and reach a peak in 2014, after which significant commoditization, price deterioration, and margin pressure will trigger a natural decline. But overall, by 2020, the report pegs the public cloud market size at $ 159.3B , the virtual private cloud market at $66.4B and the private cloud market at $15.9B .The report also foresees the necessity of businesses to formulate a complex and dynamic business plan to accommodate market discrepancies that will emerge in different cloud segments as some of them will face saturation as others will still be emerging with low market adoption. Middleware virtualization, which is just making its appearance in private clouds, will grow at the fastest rate of all the cloud services.

The varying regional cloud realities are further highlighted in a recent survey of 1,600 SMEs (Small and Medium Businesses) in Europe conducted by virtualization firm VMware that found UK firms to be lagging behind their European counterparts in embracing cloud computing services. According to the VMware survey, 57 percent of UK SMBs have virtualized parts of their IT infrastructure, compared to 73 percent in Europe. It also found that SMEs which will account for at least half the market by 2014 usually opt for pushing data storage and office productivity applications to the cloud.

Of course as the cloud market matures, subsequent increase in exploration of cloud technology by large enterprises as witnessed recently in segments such as virtualization and private clouds will take place. New market dynamics will also occur as the industry weathers bottlenecks such as cloud security and businesses in turn finally overcome their concerns on the security and reliability of cloud-based services which have again taken spotlight due to last week's Amazon Web Services' cloud outage. Industry consortia like the Cloud Security Alliance are actively working on developing standards for secure cloud computing practices and have released guidelines that cover security domains, ranging from computing architecture to virtualization for organizations. To standardize its efforts and bring about more industry confidence in its efforts, the Cloud Security Alliance (CSA) is partnering with ISO and is building cloud security and privacy standards under ISO/IEC. (International Organization for Standardization/International Electro technical Commission) so that cloud users can measure cloud-based security controls using tools which are already used in traditional control structures. Big brand name cloud providers like Google and Amazon have also been steadily investing in data centers around the world and this should lead to greater global adoption especially by organizations that have reservations about hosting data outside the country.

CloudEXPO Stories
The platform combines the strengths of Singtel's extensive, intelligent network capabilities with Microsoft's cloud expertise to create a unique solution that sets new standards for IoT applications," said Mr Diomedes Kastanis, Head of IoT at Singtel. "Our solution provides speed, transparency and flexibility, paving the way for a more pervasive use of IoT to accelerate enterprises' digitalisation efforts. AI-powered intelligent connectivity over Microsoft Azure will be the fastest connected path for IoT innovators to scale globally, and the smartest path to cross-device synergy in an instrumented, connected world.
There are many examples of disruption in consumer space – Uber disrupting the cab industry, Airbnb disrupting the hospitality industry and so on; but have you wondered who is disrupting support and operations? AISERA helps make businesses and customers successful by offering consumer-like user experience for support and operations. We have built the world’s first AI-driven IT / HR / Cloud / Customer Support and Operations solution.
ScaleMP is presenting at CloudEXPO 2019, held June 24-26 in Santa Clara, and we’d love to see you there. At the conference, we’ll demonstrate how ScaleMP is solving one of the most vexing challenges for cloud — memory cost and limit of scale — and how our innovative vSMP MemoryONE solution provides affordable larger server memory for the private and public cloud. Please visit us at Booth No. 519 to connect with our experts and learn more about vSMP MemoryONE and how it is already serving some of the world’s largest data centers. Click here to schedule a meeting with our experts and executives.
Darktrace is the world's leading AI company for cyber security. Created by mathematicians from the University of Cambridge, Darktrace's Enterprise Immune System is the first non-consumer application of machine learning to work at scale, across all network types, from physical, virtualized, and cloud, through to IoT and industrial control systems. Installed as a self-configuring cyber defense platform, Darktrace continuously learns what is ‘normal' for all devices and users, updating its understanding as the environment changes.
Codete accelerates their clients growth through technological expertise and experience. Codite team works with organizations to meet the challenges that digitalization presents. Their clients include digital start-ups as well as established enterprises in the IT industry. To stay competitive in a highly innovative IT industry, strong R&D departments and bold spin-off initiatives is a must. Codete Data Science and Software Architects teams help corporate clients to stay up to date with the modern business digitalization solutions. Achieve up to 50% early-stage technological process development cost cutdown with science and R&D-driven investment strategy with Codete's support.