Cloud Based Analytics – Coming Clash of the Titans
April 6, 2015
Grazed from DataScienceCentral. Author: Naagesh Padmanaban.
From all indications, 2015 is well on its way to becoming the year of cloud computing. The feverish pitch of activities at key players on one hand and the data as well as observations of industry pundits affirm this. There are apparently a handful of reason to keep the IT industry leaders awake at night.
For starters, per , 2014 revenues for cloud services grew by 60 percent. The global cloud computing market, per Forrester, is expected to grow to over $191 billion by 2020. IDC also foresees a robust market for cloud computing services. The cloud computing stacks – Infrastructure as a service (Iaas), Platform as a service (Paas) and Software as a service (Saas) – are all driving the healthy cloud computing market growth…
But Saas appears to be the winner with the highest projected growth in the medium term, with Goldman Sachs forecasting global SaaS software revenues to reach $106 billion by 2016…
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