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Emerging Technology Trends
Below mentioned are some of the emerging technologies which
will shape the future of IT Industry across the world:
2.) Early Consolidation vs. the Proliferation of New Entrants to the Market.
3.) The Rise of Open Source Cloud Computing Solutions.
Components on Cloud Computing
Cloud Computing solution comes in different shapes and sizes. It is
customizable based on company’s requirements.
They come in Business delivery model and Infrastructure Delivery
Model.
Forbes survey has indicated that cloud based services will grow from
$12.1billion to $ 35.6 billion in 2015.
SAAS will account for 70% revenue and 30% will be related to IAAS.
Gartner in its report have indicated that cloud services revenue will
reach $148.8B in 2014. 60% of it coming from North America alone.
IDC press release indicates that Public IT cloud services will grow 5
times the traditional IT products through 2014.
The same report also indicates that there will Compound Annual
Growth Rate at 27.4% for IT Cloud Services.
Market estimates for cloud computing across different
regions
The Cloud Computing market was INR 18.2 Billion in 2010 and is
estimated to grow at a CAGR of 54.3% to reach INR 159.1 Billion by
year 2015.