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Full text of "Cloud Computing Market: Technology Models, Challenges, and Business Benefits"

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Cloud Computing Market: Technology Models, Challenges, 

and Business Benefits Adds “Cloud Computing Market: Technology Models, Challenges, and Business Benefits” 
to Its store 

Publisher’s Cloud Computing Market: Technology Models, Challenges, and Business Benefits, examines executives' 
opinion on the key factors that are driving the cloud computing market and the inclination of enterprises in adopting 
cloud computing models based on their technology types and implementation types. Additionally, it provides 
information about popular cloud computing services, industry verticals that are keen to adopt cloud computing 
services, and the budget allocation of organizations to the various cloud computing models. 

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What else does this report offer? 

- Adoption of cloud computing technology types: provides information about the cloud computing technology types 
that are expected to gain significance within organizations in 2016 

- Favored cloud computing implementation types: identifies cloud computing implementation types that are gaining 
prominence among organizations 

- Popular hybrid cloud versions: tracks the most important versions of hybrid cloud trending upward in the next 12 

- Key drivers: examines the significant factors influencing the use of cloud computing within organizations 

- Expected investment towards cloud computing: evaluates the percentage of enterprises' annual procurement 
budget being spent on cloud computing services 

- Change in cloud computing technology budget: identifies how enterprises' cloud computing budgets were allocated 
across the technology areas in 201 5 and how they change in 201 6 

- Budget allocation for cloud computing implementation areas: highlights the change in investment towards public, 
private, and hybrid cloud in 2015 and 2016 

- Popular cloud computing services: projects the key services with the highest potential benefits from cloud computing 

- Key industry verticals: highlights industry verticals that are keen to adopt cloud computing services 

- Concerns to implement cloud computing: analyzes major concerns faced by organizations in the adoption of cloud 

Report Summary: 

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 laaS 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. 

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Key Findings: 

- 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 201 6 

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Reason 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 

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