Enterprise cloud spending to hit $235B by 2017
April 7, 2014
Grazed from ZDNet. Author: Ryan Huang.
Enterprises will spend more than US$235 billion on cloud architecture and services by 2017 — a 35 percent gain from the US$174 billion projected to be spent this year. “Enterprises today are trying to create faster, more efficient I.T. environments to ensure more responsive, agile and successful businesses,” said Jagdish Rebello, senior director for information technology at IHS.
"In these cloud-based settings, enterprises also want to integrate the deep analytical power of big data, which will give them competitive advantages through insights about present and prospective customers." Enterprises are simultaneously augmenting their on-site services and capabilities with the cloud and gradually transferring those functions to online competencies, noted IHS…
The main focus for many companies is developing initially limited sets of new apps and services that will live only in the cloud before the new offerings skyrocket in terms of adoption, according to Rebello…
Read more from the source @ http://www.zdnet.com/enterprise-cloud-spending-to-hit-235b-by-2017-ihs-7000028094/
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