The adoption of Cloud Computing models based on their technology types and implementation types are the key factors that drive the Cloud Computing market. In addition, the budget allocation of organizations to the various cloud computing models. Industry verticals are keen to adapt to the popular cloud computing services.

The leading cloud computing technology types that will gain significance across industries in 2018 are Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), wherein communications and IT industries are strongly determined to adopt cloud computing services over the next 12 months. A growing need for high-performance computing within the industry and flexibility in their operations are encouraging small and medium-sized companies to implement the hybrid cloud architecture model. Additionally, hybrid cloud is expected to see a greater budget allocation in 2018, compared to 2017.

Cloud Computing market

Further reveals, 63% of the respondents expect the hybrid cloud (mixed cloud & on-premise models) to be the key cloud computing implementation type to gain significance within the industry in 2018. Due to growing concerns about increasing loads, data security, and high-performance computing needs, enterprises are expected to favour the ‘hybrid cloud’ implementation model that provides flexibility and scalability through the combination of both private and public cloud. Furthermore, executives from North America and Asia-Pacific expect the ‘private cloud’ implementation model to gain influence within the industry in 2018; a ‘private cloud’ provides a secure and separate cloud-based environment that is deployed within a company’s firewall at a greater installation and maintenance cost compared to either the public or hybrid cloud implementation models.

In particular, the respondents operating from Europe reveal that companies’ needs for data security and data recovery at reduced cost are the factors that encourage the adaptation of hybrid cloud implementation model within the industry.

Contents of the Report

  • Table of Contents
  • Introduction
  • Definitions and abbreviations
  • Methodology and sample size
  • Respondent profile
  • Implementation, significance and adoption of Cloud Computing
  • Preferred cloud computing technology types in next 12 months
  • Cloud computing implementation types favored by organizations in 2018
  • Expected Hybrid cloud versions to gain prominence within the industry
  • Key drivers / barriers influencing the deployment of cloud computing
  • Procurement budget and expenditure outlook
  • Investment allocation towards cloud computing services
  • Enterprises’ annual budget allocation towards cloud technology during 2017-18
  • Changes in budget allocation towards cloud computing implementation types
  • Frequently used cloud computing services and implementation concerns within the industry
  • Prominent cloud computing services within the IT industry
  • Potential cloud computing services to gain significance in 2018
  • Leading industry verticals to adopt cloud computing services
  • Challenges and key concerns encountered in implementation of the cloud computing services
  • Appendix

Key benefits of buying this profile include:

  • Helps to alter investment allocation by understanding key cloud computing technologies and implementation areas highlighted by survey executives during 2017 and 2018
  • Highlights key factors and industry verticals influencing the use of cloud computing, thus helping organizations to realign their business strategies
  • Provide insights into the global and regional cloud computing market along with its scope across different companies
  • Helps organizations to enhance their revenue growth opportunities and make effective business strategy decisions through knowing popular cloud computing services.

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