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Cloud Services Market Research Reports & Consulting
Let's examine why an organization would consider cloud services. Not surprisingly, the potential for cost savings is a huge factor in the equation but apart from searching the ways to reduce IT expenditures without sacrificing technological advantages, secure, high-available, scalable infrastructure to the masses are other few factors in driving the need to adopt cloud services among organizations. Cloud-based services are ideal for businesses with growing or fluctuating bandwidth demands; Businesses of all sizes can implement cloud-based backup and recovery solutions that save time, avoid large up-front investment and roll up third-party expertise; Cloud-based workflow and file sharing apps stored centrally provides real time updates and full visibility of collaborations. Cloud-based services allows standardizations across locations.
Indeed, the strongest opportunities of the cloud will be found at the intersection with big data, analytics, cognitive computing, social and collaboration solutions, mobility and smart solutions, Internet of things (IoT), and other digital elements into business is most likely beyond traditional in-house ability and activity. Moreover, opening a new office location, remote working and employees' mobility are far easier with a cloud infrastructure.
Horizontal functions such as CRM, particularly in the sales area, security, storage, and HR & payroll already have strong adoption rates in the cloud whereas SCM (inventory, enterprise asset management and supplier management, while logistics and production planning are kept in house), procurement, engineering (CAD, CAE, CAM) will be having high growth prospects in the near future. Also, Industry-specific applications will be a driving force to the cloud as businesses look for solutions that can be easily configured to the unique business and vertical requirements. With the huge increase in the number and diversity of services available in the market, organizations across industries will shift steadily toward cloud-first strategies to enable digital transformation.
The competitive advantage for organizations will lie in how well they integrate and leverage the cloud value chain as a central part of the business in competing against "digital-native" and "born-in-the-cloud" organizations. As, looking at the different industries adopting cloud services, drivers will remain same but the proliferation in the verticalization of the cloud is not the same across them due to many factors, including key inhibitors such as apprehensions around privacy, security and compliance. For example, from a security and compliance perspective, floating a banking, financial services and insurance (BFSI) cloud is much more complex than floating a retail cloud. Data residency, as mandated by many countries, can hinder the adoption strategy.see less
Let's examine why an organization would consider cloud services. Not surprisingly, the potential for cost savings is a huge factor in the equation but apart from searching the ways to reduce IT expenditures without sacrificing technological advantages, secure, high-available, s ....see more
Cloud Systems Management Software Market by Solution (Operations Management, Change & Configuration Management, Application Performance Management, Problem Management), Service, Deployment, Organization Size, Vertical, & Region - Global Forecast to 2021
The cloud systems management software market is expected to grow from USD 3.95 Billion in 2016 to USD 15.29 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 31.1% during the forecast period. The demand for cloud systems management software is driven by the factors such as need for simplified integration of complex & heterogeneous cloud environments, increasing adoption of private & hybrid cloud among the enterprises throughout the globe, and enterprisesí willingness to opt for required cloud services from different vendors in order to avoid vendor lock-in.
|November 2016||$ 5650|
Cloud-Based Contact Center Market by Solution (Dialers, Reporting, and analytics), Service (Professional and Managed), Application, Deployment Model, Organization size, Industry vertical, and Region - Global Forecast to 2021
The cloud-based contact center market is expected to grow from USD 5.43 Billion in 2016 to USD 15.67 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 23.6% during the forecast period. The major drivers of this market include need for disaster recovery, faster deployment and flexibility of cloud solution, and need for compliance management.
|November 2016||$ 7150|
Multi Cloud Management Market by Application (Provisioning, Metering and Billing), Service Type (Cloud Automation, Compliance Management), Platform, Deployment Model, Organization Size, Industry Vertical, and Region - Global Forecast to 2021
The multi cloud management market is expected to grow from USD 939.3 Million in 2016 to USD 3,431.2 Million by 2021, at a Compound Annual Growth Rate (CAGR) of 29.6% during the forecast period. The need for avoidance of vendor lock-ins, increased agility and automation, and the right level of governance is driving the multi-cloud management market.
|October 2016||$ 5650|
Cloud Orchestration Market by Service Type (Cloud Service Automation, Reporting & Analytics, Training, Consulting & Integration, and Support & Maintenance), Application, Deployment Model, Organization Size, Vertical, & Region - Global Forecast to 2021
The cloud orchestration market is expected to grow from USD 4.95 Billion in 2016 to USD 14.17 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 23.4% during the forecast period. Growing demand for optimum resources utilization and increasing need for self-service provisioning has led to the increased demand for cloud orchestration services and applications.
|October 2016||$ 5650|
Cloud Migration Services Market by Service Type (Cloud Integration, Application Management & Monitoring, Disaster Recovery, Application Load & Testing, Professional Service & Managed Service), Application, and Region - Global forecast to 2021
The cloud migration services market is expected to grow from USD 2.42 Billion in 2016 to USD 7.06 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 23.9% during the forecast period. Rising demand for cloud-based solutions and services, along with the need to lower operational costs and enable quick disaster recovery are the factors driving the cloud migration services market.
|September 2016||$ 5650|