Analysts

Worldwide Public Cloud Services Spending Forecast to Reach $160 Billion This Year, According to IDC

Grazed from IDC

Worldwide spending on public cloud services and infrastructure is forecast to reach $160 billion in 2018, an increase of 23.2% over 2017, according to the latest update to the International Data Corporation (IDC) Worldwide Semiannual Public Cloud Services Spending Guide. Although annual spending growth is expected to slow somewhat over the 2016-2021 forecast period, the market is forecast to achieve a five-year compound annual growth rate (CAGR) of 21.9% with public cloud services spending totaling $277 billion in 2021.

The industries that are forecast to spend the most on public cloud services in 2018 are discrete manufacturing ($19.7 billion), professional services ($18.1 billion), and banking ($16.7 billion). The process manufacturing and retail industries are also expected to spend more than $10 billion each on public cloud services in 2018. These five industries will remain at the top in 2021 due to their continued investment in public cloud solutions. The industries that will see the fastest spending growth over the five-year forecast period are professional services (24.4% CAGR), telecommunications (23.3% CAGR), and banking (23.0% CAGR).

Citrix Named a Leader for Cloud and Hybrid Solutions in Enterprise File Sync and Share Platforms

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Citrix is positioned as a leader in both The Forrester Wave: Enterprise File Sync and Share Platforms -Cloud Solutions, Q4 2017 report as well as The Forrester Wave: Enterprise File Sync and Share Platforms -Hybrid Solutions, Q4 2017 report. The two new, independent Forrester Wave reports evaluate enterprise files sync and share vendors.

According to The Forrester Wave, Cloud Solutions report, "Citrix differentiates with its process and security offerings. Citrix provides cloud and hybrid deployment options for ShareFile, its EFSS offering. Customers can share and collaborate on files, as well as get approvals or eSignatures in the context of a business process. It supports large files - up to 100 GB - by default. Customers can protect content with data loss prevention (DLP), mark sensitive items with configurable watermarking tools, and execute auditable transactions with digital signature support."

Worldwide Spending on Industry Cloud by Financial Firms Set To Grow by 24% in 2018, According to IDC

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Worldwide spending on industry cloud in the finance industry (banking, insurance, and securities and investment services combined) is expected to reach $3.2 billion in 2017, which represents an increase of 26% over 2016, according to the International Data Corporation (IDC) Worldwide Semiannual Industry Cloud Tracker. IDC expects the amount to more than double in 2021, amassing total worldwide spending of $7.2 billion.

The manufacturing industry (both discrete and process combined) was a larger spender on industry cloud though, relative to its finance counterpart. This industry is expected to spend $4.2 billion in 2017 and achieve year-over-year growth of 23% in 2018. Similar to the finance industry, the manufacturing industry is also set to double its 2017 spending in 2021, reaching a total of $9.2 billion by then.

However, these two industries pale in comparison when matched against the spending might of healthcare providers. IDC forecasts healthcare providers across the world will spend a total of $8.9 billion in adopting industry cloud solutions during 2017. This industry is expected to increase spending by 20% year over year in 2018 on industry cloud solutions; by 2021, the same industry will spend a staggering $17.6 billion on industry cloud.

VMware Named Leader in Cloud Systems Management and Automation Software by Global Analyst Firm for Fourth Consecutive Year

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VMware, Inc., a global leader in cloud infrastructure and business mobility, today announced that leading analyst firm IDC has named VMware as the market share leader in both worldwide cloud systems management and datacenter automation software based on 2016 revenues. VMware topped both categories for the fourth year in a row.

"These industry reports validate our commitment to delivering a comprehensive, enterprise-ready cloud management platform that enables organizations to gain a major competitive edge," said Ajay Singh, senior vice president and general manager, Cloud Management Business Unit, VMware. "Delivering on our vision for the future of infrastructure has afforded us to maintain the leadership position in both cloud systems management and datacenter automation. Being recognized by IDC is an honor, and we look forward to continued collaboration with our customers to meet their evolving cloud management and automation demands."

NVMe will replace traditional flash, not just co-exist with it, says majority of IT respondents in new European study

Grazed from Excelero

Recent research carried out by the Enterprise Strategy Group (ESG), a leading IT research, analysis, and strategy firm, and sponsored by storage innovators including Excelero, a disruptor in software-defined block storage, has revealed that:

  • Non-Volatile Memory Express (NVMe) flash is expected to eventually replace traditional flash storage by 87% of European IT professionals whose organizations are currently using or considering NVMe technology (60% of all respondents).
  • Almost 60% of organizations have begun to implement a Software-Defined Storage (SDS) solution or are committed to it as a long-term strategy.
  • Business intelligence/data analytics, digital media, collaboration and Internet-of-Things (IoT), are most responsible for storage capacity growth today, with eCommerce, and social networking data not far behind.
  • Over half of organizations are likely to consider purchasing their storage infrastructure from a startup, a reversal of longstanding perceptions.

Worldwide Public Cloud Services Spending Forecast to Reach $266 Billion in 2021, According to IDC

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Worldwide spending on public cloud services and infrastructure is forecast to reach $266 billion in 2021, according to the latest update to the International Data Corporation (IDCWorldwide Semiannual Public Cloud Services Spending Guide. Although spending growth will slow somewhat over the 2016-2021 forecast period, the market is expected to achieve a five-year compound annual growth rate (CAGR) of 21.0%. Public cloud services spending will reach $128 billion in 2017, an increase of 25.4% over 2016.

The United States will be the largest market for public cloud services accounting for more than 60% of worldwide revenues throughout the forecast and total spending of $163 billion in 2021. Western Europe and Asia/Pacific (excluding Japan)(APeJ) will be the second and third largest regions with 2021 spending levels of $52 billion and $25 billion, respectively. APeJ and Latin America will experience the fastest spending growth over the forecast period with CAGRs of 26.7% and 26.2%, respectively. However, six of the eight regions are forecast to experience CAGRs greater than 20% over the next five years.

CloudGenix Named a SD-WAN IDC Innovator

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CloudGenix, the software-defined wide-area (SD-WAN) network leader, today announced it has been selected as an IDC Innovator in the IDC Innovators: SD-WAN, 2017 Report in recognition of its innovative technologies and ground-breaking business models in SD-WAN.

According to the report, "traditional WANs are complex to manage and do not support DX-level business agility as legacy WANs often are characterized by backhaul inefficiencies that compromise application performance, business agility, and employee productivity... SD-WAN has emerged as the solution for enterprises increasingly dependent on the cloud and on requiring "anytime, anywhere" application access."

Zscaler Positioned as a Leader in the Gartner Secure Web Gateway Magic Quadrant for Seventh Consecutive Year

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Zscaler
, the leading cloud security company, today announced it was named a Leader by Gartner, Inc. in the 2017 Magic Quadrant for Secure Web Gateways. The report evaluates vendors on their "ability to execute" and "completeness of vision." This is the seventh consecutive year that Zscaler has been recognized as a Leader.

The market for Secure Web Gateway (SWG) solutions is traditionally characterized by legacy on-premises appliances, but as businesses increasingly look to securely transform from the old world of IT to the new world of cloud and mobility, it becomes apparent that security needs to move to the cloud as well.
 

Growth in Cloud IT Infrastructure Spending Will Accelerate in 2017, According to IDC

Grazed from International Data Corporation (IDC)

According to a new forecast from the International Data Corporation (IDC) Worldwide Quarterly Cloud IT Infrastructure Tracker, total spending on IT infrastructure products (server, enterprise storage, and Ethernet switches) for deployment in cloud environments will increase by 18.2% in 2017 to reach $44.2 billion. Of this amount, the majority (61.2%) will be done by public cloud datacenters, while off-premises private cloud environments will contribute 14.6% of spending. With increasing adoption of private and hybrid cloud strategies within corporate datacenters, spending on IT infrastructure for on-premises private cloud deployments will growth at 16.6%. In comparison, spending on traditional, non-cloud, IT infrastructure will decline by 3.3% in 2017 but will still account for the largest share (57.1%) of end user spending. (Note: All figures above exclude double counting between server and storage.)

In 2017, spending on IT infrastructure for off-premises cloud deployments will experience double-digit growth across all regions in a continued strong movement toward utilization of off-premises IT resources around the world. However, the majority of 2017 end user spending (57.9%) will still be done on on-premises IT infrastructure which combines on-premises private cloud and on-premises traditional IT. In on-premises settings, all regions expect to see sustained movement toward private cloud deployments with the share of traditional, non-cloud, IT shrinking across all regions.
 

With Over 40 Percent Market Share, Frost & Sullivan Names Zscaler a Leader in Cloud-Based Advanced Malware Protection

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Zscaler, Inc., the leading cloud security company, has grown to own the largest share of the cloud delivered Network-based Advanced Malware Analysis (NAMA) market according to Frost & Sullivan, an industry analyst firm that recently released a comprehensive report on the NAMA market in the Asia Pacific region.

According to the "Asia-Pacific Network-based Advanced Malware Analysis (NAMA) Solutions Market" report published in October, Frost & Sullivan forecasts that the NAMA market in Asia Pacific reached $133 million in revenue in 2015 and will grow to $940 million by 2020 as this security technology gains greater adoption. Due to the need for cost effective solutions, the analyst firm expects the cloud-based sector of the market to grow at 60 percent, outpacing by 17 percentage points the growth for on-premises solutions (expected to grow at 43 percent).