Cloud Computing Services: Spend Wisely

Research shows that, by 2017, spending on cloud computing services is expected to reach $235.1 billion. A report from consulting firm IHS Technology shows that this prediction is three times higher than the $78.2 billion spent in 2011.

Investment Breakdown

This estimate is one of the highest spending predictions to date, which invites the question of how that money will be spent. According to an article from InfoWorld, those funds will be used for infrastructure, application hosting and data analytics. Most of the spending will be put toward infrastructure, including the migration and computing related to enterprise-to-cloud storage. The use of public infrastructure-as-a-service (IaaS) clouds will see the biggest rise while private cloud growth is expected to spike in the next few years…

In the area of application hosting, InfoWorld predicts that funds will be used to transfer applications from the enterprise to public cloud hosts. Companies will have two options: A direct and simple port or a complex rebuild. In the more complex option, applications are customized to use certain cloud computing services…

Read more from the source @ http://midsizeinsider.com/en-us/article/cloud-computing-services-spend-wisely

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