Australia Public IT Cloud Services 2014-2018 Analysis and Forecast
This IDC study presents our forecast of spending growth for the Australia public IT cloud services market through 2018, segmented by five functional categories. The forecast data, driven by IDC's key forecast assumptions for public IT cloud services development and adoption, leads to the key conclusions regarding cloud services growing in strategic importance to the IT industry, the market factors driving cloud services growth over the next five years, the shifting decision maker and customer segments driving cloud investments, and the strategic implications for providers and consumers of cloud services.
Raj Mudaliar, senior analyst, says "As we look ahead to 2015, the industry is entering the most critical period yet in the 3rd Platform era: the "innovation stage," primarily characterized by value creation across industries and a new wave of core technologies (innovation accelerators such as Internet of things (IoT), cognitive systems, pervasive robotics, 3D printing, and so forth) that radically extend the 3rd Platforms' capabilities and applications."
"Harnessing this expanding innovation platform, a rapidly expanding community of developers will create a tenfold increase in the number of new cloud-based solutions over the next four to five years. Many will be big data intensive and will leverage the extended reach of IoT. In fact, industry–focused developer communities on the 3rd Platform will become epicentres of innovation in just about every industry and seriously disrupt traditional leaders in these industries as competitors create new offerings, new business models, and new cost structures to drive revenue growth and expand value," he adds.Please Note: Extended description available upon request.
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