An ugly duckling no more: Why Platform-as-a-Service is poised for huge growth
Grazed from VentureBeat. Author: Sean Ludwig.
Platform-as-a-Service is part of the booming cloud computing sector, one area of the cloud that some analysts, companies, and developers have overlooked. But recent research shows that PaaS is no longer the ugly duckling of the cloud industry — and that it’s ready to grow quite a bit during the next few years. PaaS will make up barely 1 percent of the overall $109 billion cloud industry this year. But it will likely grow more than 30 percent annually over the next four years, according to research firm Gartner.
This could make PaaS a $2.9 billion market by 2016, or more than 2 percent of the $209 billion total cloud market. While small, it’s the second fastest growing “layer” of the cloud and one that cloud-watchers should be paying closer attention to…

