Cloud Computing Market: Technology Models, Challenges, and Business Benefits 2018

Cloud Computing Market: Technology Models, Challenges, and Business Benefits 2018


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Executive Summary

Cloud Computing Market: Technology Models, Challenges, and Business Benefits 2018

Summary

GlobalData's "Cloud Computing Market: Technology Models, Challenges, and Business Benefits 2018", examines executives' opinions 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.

Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS) are the leading cloud computing technology types that will gain significance across industries in 2018, 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.

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 2018

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 months

Key drivers/benefits: 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 2017 and how they will change in 2018

Budget allocation for cloud computing implementation areas: highlights the change in investment towards public, private, and hybrid cloud in 2017 and 2018

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

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

Concerns over implementing cloud computing: analyzes major concerns faced by organizations in the adoption of cloud computing.

Scope

Hybrid cloud computing implementation type is highly popular among all industries, however private cloud implementation model is also expected to grow among large and medium-sized companies in 2018, compared to 2017

Reduced need for purchasing and maintaining IT Hardware and flexibility and scalability are the key factors influencing the deployment of cloud computing within the industry

Respondents operating in North America are allocating the largest part of their cloud computing budget towards PaaS in 2018

Companies identify database management systems and data backup as key cloud computing services that will gain significance over next 12 months.

Reasons to buy

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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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 20

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-

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 20

Leading industry verticals to adopt cloud computing services

Challenges and key concerns encountered in implementation of the cloud computing services

Appendix

List of Figures

Figure 1: Projected cloud computing technology types to gain prominence in 2018 - Overall and Region

Figure 2: Projected cloud computing technology types to gain prominence in 2018 - Company types

Figure 3: Cloud computing implementation types favored by organizations in 2018 - Overall and Region

Figure 4: Cloud computing implementation types favored by organizations in 2018 - Company types

Figure 5: Key versions of hybrid cloud within the industry - Overall

Figure 6: Key versions of hybrid cloud within the industry - Region

Figure 7: Key versions of hybrid cloud within the industry - Company types

Figure 8: Important drivers influencing deployment of cloud computing - Overall

Figure 9: Top four drivers influencing deployment of cloud computing - Region

Figure 10: Top four drivers influencing deployment of cloud computing - Company types

Figure 11: Procurement budget allocation towards cloud computing services - Overall

Figure 12: Procurement budget allocation towards cloud computing services - Region

Figure 13: Procurement budget allocation towards cloud computing services - Company types

Figure 14: Enterprises' budget allocation towards cloud technologies - Overall

Figure 15: Change in budget allocation towards cloud implementation types from 2017 to 2018 - Overall

Figure 16: Prominent cloud computing services with highest potential benefits - Overall

Figure 17: Top five cloud services with highest potential benefits - Region

Figure 18: Top five cloud services with highest potential benefits - Company types

Figure 19: Potential cloud computing services to gain significance in 2018 - Overall

Figure 20: Top five cloud computing services to gain significance in 2018 - Region

Figure 21: Top five cloud computing services to gain significance in 2018 - Company types

Figure 22: Key industry verticals to adopt cloud computing services - Overall, Region and company types

Figure 23: Challenges and key concerns affecting implementation of cloud computing services - Overall, region and company types

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