Public cloud revenues to hit $2 billion by 2016: IDC
- 31 January, 2013 11:11
The Australian public cloud services market is tipped to heat up by 2016 with IDC Australia predicting that the segment’s revenues will exceed $2.33 billion.
According to a new Cloud Computing Study 2012, the analyst firm found that almost 70 per cent of the 168 Australian CIOs and IT managers surveyed planned to use public cloud services over the next three years for enterprise resource planning (ERP), analytics and IT infrastructure.
The research firm attributed this rise in confidence to the introduction of more robust public cloud infrastructure-as-a-service (IaaS) offerings over the past year.
IDC data from the Australian Cloud Services 2011-2016 Forecast and Analysis report found that IaaS cloud services, including virtual private cloud (vPC), took the lead over software-as-a-service (SaaS) and contributed a 54 per cent segment share ($524 million) of the total public cloud services in 2012.
“The proliferation of vPC services from IT infrastructure vendors and service providers are driving growth in the IaaS market,” said IDC Australia IT services senior analyst Raj Mudaliar.
“This uptake is also driven by the increasing number of global providers seeking local hosting partners, as well as migration of revenue from managed applications and infrastructure hosting markets.”
While Mudaliar has forecast that all public cloud market segments are tipped to experience strong growth by 2016, two categories will “stand out”.
The vPC category is tipped to rise from $251.8 million in 2012 to $720.2 million by 2016, he said.
“Growing at a compound annual growth rate [CAGR] of 30 per cent, vPC also more than doubles its segment market share of the total public cloud services market from 14 per cent in 2011 to 31 per cent in 2016."
In addition, platform-as-a-service (PaaS) is forecast to grow from $36.9 million in 2012 to $92.4 million in 2016, growing at a CAGR of 25.8 per cent.
Follow Hamish Barwick on Twitter: @HamishBarwick
Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.
Trust issue looms large for tech companies capitalizing on personal data
5 women who've made it in IT
Five trends affecting legal CIOs
CIO Roundtable: The changing face of security
Bitcoin malware count soars as cryptocurrency value climbs
Taking Managed Security Services to the Next Level
In this white paper, we will outline the changing landscape of security; the importance of a high-security posture; the elements of effective Web, endpoint, user and mobile protection; and the ways in which Webroot helps partners increase the value and profitability of their security practices.
Chandler Macleod recruits new user virtualization platform
One of Australasia’s largest and most successful recruitment and human capital management companies share their success story after recruiting a user virtualization platform, giving them control over the users and devices that have access to specific applications.
Leading insurance provider’s desktop virtualization deployment
QBE insurance group met the challenge of swiftly deploying a desktop virtualization solution, after practically outsourcing its entire IT department overnight. Read their story to learn how to allow users a comfortable desktop while ensuring that IT can maintain control.