About Enterprise Cloud Services
Enterprise cloud services involve delivery of cloud computing services that include software, infrastructure, and platform services to individual businesses and enterprises in a more secured environment.
Business enterprises worldwide are rapidly adopting cloud computing technologies to reduce their costs, manage enterprise IT infrastructure and business processes efficiently, and remain competitive. Individual businesses and enterprises rely on contracts with cloud service providers to outsource IT services. Enterprise cloud services allow companies to concentrate on their core activities rather than getting engaged in managing their IT environment. Also, enterprises can establish a rapid deployment model that enables applications to be scaled quickly to match changing business requirements.
Technavio’s analysts forecast the global enterprise cloud services market to grow at a CAGR of 23.83% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global enterprise cloud services market for 2016-2020. To calculate the market size, the report considers the revenue generated from cloud services such as software as a service (SaaS), infrastructure as a service (IaaS), and platform as a service (PaaS) offered to enterprises.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Enterprise Cloud Services Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Enterprise Cloud Services Market: AWS, Google, IBM, Microsoft, and VMWare.
Other Prominent Vendors in the market are: Akamai Technologies, CA Technologies, Cisco Systems, Dell, ENKI, HP, iLand, Joyent, Datapipe, Netsuite, NTT Communications, OpSource, Oracle, Rackspace hosting, Red Hat, Salesforce.com, SAP, ServiceNow, Sungard Availability Services, and Verizon Enterprise Solutions.
Commenting on the report, an analyst from Technavio’s team said: “More companies are adopting hybrid cloud services to conduct their business. The high demand for cloud computing services is attributed to their low costs and high reliability. Enterprises are setting up private cloud infrastructure to cater to their internal computing and storage requirements. When computing requirements exceed the capacity of the private cloud, services are procured from public cloud service providers. This, at times, adds complication to the integration between private and public clouds. Thus, enterprises choose hybrid cloud infrastructure with features of both clouds.
According to the report, the need to scale enterprise computing infrastructure has led to enterprises and end-users worldwide adopting cloud computing and cloud-based services to achieve efficiency and cost-effective gains. SMEs are the major adopters of cloud services. With evolving business needs and increasing use of digital content by enterprises, there is a need to rapidly scale computing resources in the enterprise network to cater to higher computing requirements.
Further, the report states that data security concerns have always been an issue for organizations as business data are critical.
AWS, Google, IBM, Microsoft, VMWare, Akamai Technologies, CA Technologies, Cisco Systems, Dell, ENKI, HP, iLand, Joyent, Datapipe, Netsuite, NTT Communications, OpSource, Oracle, Rackspace hosting, Red Hat, Salesforce.com, SAP, ServiceNow, Sungard Availability Services, Verizon Enterprise Solutions.
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