Infrastructure as a Service Propels Cloud Computing Growth

Grazed from Midsize Insider. Author: Joe Hewitson.

Computing resources have been a quickly changing and ever-improving facet of modern business for many years. Innovations stream at breakneck pace. The rise of cloud computing has, in recent years, combined PaaS and SaaS (Platform and Software as a service) to provide a unified solution for IT groups looking for a more distributed computing resource strategy. As the data fed into these cloud platforms and applications continues to increase, the infrastructure supporting its growth will need to expand. This foundational need is exactly why many IT professionals in organizations of all sizes, including midsize companies, have begun pushing their computing infrastructure into the cloud.

Growth of IaaS

Gartner Inc., the world’s leading information technology research and advisory company, has recently released a projected growth analysis of public cloud computing and its services. As reported by Forbes, Infrastructure-as-a-Service (IaaS) stands out as the fastest-growing sector. Forecast with a compound annual growth rate (CAGR) of just over 41 percent through 2016, the increase in demand for computing resources in the public cloud shows no sign of slowing down. The need for agile computing resources and scalable infrastructure has clearly caused a shift in focus for IT professionals. Playing catch up to the other two major services of the cloud, this IaaS growth proves to be a great illustration of the importance of the cloud in today’s business…

This dominant expansion of IaaS certainly doesn’t mean the other areas of cloud computing are resting easy. Along with the 41.3 percent growth of IaaS, Gartner also predicts a CAGR of 27.7 percent and 19.5 percent through 2016 for PaaS and SaaS, respectively. The growth rate for SaaS has actually been increased from a previous report, clearly showing this area of IT still has some surprises in store. Also worth noting, global spending on the public cloud is forecast to grow at a 17.7 percent rate through 2016 as a direct correlation to the increased dependence on cloud services, with North American enterprises composing 59 percent of new money spent on the public cloud…

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