Enterprises increasingly look to the private cloud
July 17, 2014
Grazed from ComputerWeekly. Author: Sharon Gaudin.
Companies interested in moving to cloud computing are increasingly choosing a private cloud for the increased security and, often, compliance features instead of the public cloud, according to a recent survey. "Companies have noticed that the public cloud only goes so far," said Allan Krans, an analyst with Technology Business Research. "You can’t customize it. The security is what it is. [With the private cloud], you don’t have to own the infrastructure, but you get all the benefits of cloud but with the additional security, compliance and delivery options."
The analyst firm did a recent study showing that private cloud adoption is growing at a faster rate than companies choosing the public cloud. The public cloud market has grown 20% year over year, according to the TBR survey that polled about 2,200 enterprise buyers worldwide earlier this year. The private cloud, however, is expected to grow between 40% to 50% a year for the next several years…
The private cloud was an $8 billion market in 2010 and $32 billion in 2013. It’s expected to reach $69 billion in 2018, according to TBR…
Read more from the source @ http://www.computerworld.com/s/article/9249814/Enterprises_increasingly_look_to_the_private_cloud