IaaS, SaaS markets will dominate in the cloud
January 15, 2014
Grazed from FierceCIO. Author: David Weldon.
By all accounts, activity in the cloud will continue at a thunderous pace in 2014, and the SaaS and IaaS markets are expected to be especially strong. A recent study by GigaOM Research finds that the cloud computing market is on pace to grow by 126 percent in 2014, Business 2 Community has reported. That includes a growth in the software-as-a-services market of 119 percent, and growth in the infrastructure-as-a-service market of 122 percent.
The news isn’t all good in the IaaS space for vendors, however, as Gartner recently predicted that one-in-four IaaS vendors will disappear by the end of the year, due to feverish competition. Another major trend: "as the cloud matures, larger established businesses and enterprises have started to get on board public and private cloud platforms," the article notes…
"Many larger businesses prefer to build their own solutions rather than using off-the-peg SaaS platforms, which results in a tipping of the growth balance away from the SaaS provider, which saw much larger initial growth, and towards the IaaS platforms that better provide for the need of enterprise clients."…
Read more from the source @ http://www.fiercecio.com/story/iaas-saas-markets-will-dominate-cloud/2014-01-15