Skip to main content

Cloud Computing Services: A $42 Billion market by 2012?

IDC reporting:

“The cloud model offers a much cheaper way for businesses to acquire and use IT - in an economic downturn, the appeal of that cost advantage will be greatly magnified. This advantage is especially important for small and medium businesses, a sector that will be key target in any plan for recovery.”

Three market forces are helping drive the shift toward cloud computing, according to IDC:

  • the search for growth (and revenues) in important new segments, including emerging markets like Brazil, Russia, India and China (BRIC) as well as the small and medium business sector;
  • the shortcomings of traditional approaches in capturing the growth in these increasingly important markets;
  • and competitive pressures from new players with little to lose and everything to gain from pushing the new model.
Source
Labels:

Comments

  1. gwenstefniWed Oct 22, 05:48:00 AM GMT+2

    Over the next five years spending on IT cloud services is expected to grow nearly threefold, reaching $42 billion by 2012 and accounting for 9 percent of revenues in five key market segments, according to a survey from IDC.Spending on cloud computing is on track to accelerate during the forecast period, capturing 25 percent of IT spending growth in 2012 and close to a third in 2013."A recent IDC survey of IT executives, CIOs, and their line of business LOB colleagues shows that cloud services are 'crossing the chasm' and entering a period of widespread adoption," said Frank Gens, senior vice president and chief analyst at IDC."Moreover, IDC expects the cloud adoption trend to be amplified by the current financial crisis. The cloud model offers a much cheaper way for businesses to acquire and use IT - in an economic downturn, the appeal of that cost advantage will be greatly magnified. This advantage is especially important for small and medium businesses, a sector that will be key target in any plan for recovery."
    ------------------
    Gwenstefni


    Link Building

    ReplyDelete

Post a Comment

Popular posts from this blog

Security: VMware Workstation 6 vulnerability

vulnerable software: VMware Workstation 6.0 for Windows, possible some other VMware products as well type of vulnerability: DoS, potential privilege escalation I found a vulnerability in VMware Workstation 6.0 which allows an unprivileged user in the host OS to crash the system and potentially run arbitrary code with kernel privileges. The issue is in the vmstor-60 driver, which is supposed to mount VMware images within the host OS. When sending the IOCTL code FsSetVoleInformation with subcode FsSetFileInformation with a large buffer and underreporting its size to at max 1024 bytes, it will underrun and potentially execute arbitrary code. Security focus
Post a Comment
Read more

OS Virtualization comparison: Parallels' Virtuozzo vs the rest

Virtuozzo's main differentiators versus hypervisors center on overhead, virtualization flexibility, administration and cost. Virtuozzo requires significantly less overhead than hypervisor solutions, generally in the range of 1% to 5% compared with 7% to 25% for most hypervisors, leaving more of the system available to run user workloads. Customers can also virtualize a wider range of applications using Virtuozzo, including transactional databases, which often suffer from performance problems when used with hypervisors. On the administration side, customers need to manage, maintain and secure just a single OS instance, while the hypervisor model requires customers to manage many OS instances. Of course, the hypervisor vendors have worked hard to automate much of this process, but it still requires more effort to manage and maintain multiple operating systems than a single instance. Finally, OS virtualization with Virtuozzo has a lower list price than the leading hypervisor for comme...
Post a Comment
Read more