Climbing the enterprise cloud market ladder
May 11, 2014Grazed from The Next Web. Author: Sean Jennings.
It’s no secret that most new industries consolidate as they mature, and the enterprise cloud market is no exception. In the last few years, mergers and acquisitions have made headlines as cloud vendors battle it out for a top spot in the relatively new and rapidly growing enterprise cloud market.
According to Gartner, by 2016, most of new IT spending will be in the cloud, so the choice behind cloud acquisition targets will be key for cloud vendors looking to boost their offerings…
Enterprises have become savvier about what they want from the cloud, putting pressure on providers of all types and sizes to deliver the capabilities they demand. If you think acquiring a company (or getting acquired) will help you better serve your customers, secure new ones and stand out in the crowded cloud market, here are three rules to consider:
1. Performance is king
If you ask CIOs to make a list of the top characteristics they look for in a cloud provider, security and cost are often cited first. Neither of these criteria are surprising…
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