We are constantly looking ahead. That’s why we have eyes in the front of heads, giving us the ability to look forward, to see what is ahead of us. This is particularly useful in an environment that changes so quickly, and the line between present and future is often blurred.
In business, it is part of the job to look ahead, forecast for the future and be prepared for a changing landscape. The people with the corner offices are paid the big bucks to make these predictions and lead their companies to success.
What does the future of your business look like?
Here’s a window into the future of our business, Cloud Services and IaaS:
Recently, Gartner released a research report stating that Cloud IaaS (Infrastructure as a Service) will make up 25% of overall hosting market share by the end of 2011. Infrastructure as a Service has flourished and become more and more attractive as a service for start-ups to enterprise businesses worldwide. It allows all hardware architectures to be virtualized, including processors, storage, firewalls and other network resources by cloud service providers. Often, it is provided as on-demand and/or pay-as-you-use plan to clients, which is appealing in both efficiency and cost-effectiveness.
According to an In-Stat report, IaaS is destined to grow quickly over the next four years, culminating in a $4 billion market by 2015. While implementing an IaaS plan will save large enterprise businesses huge costs in maintenance, network administration, energy budget and labour, “Infrastructure-as-a-service is also gaining traction, especially in the small business market.” (In-Stat)
Additional data concludes:
- Overall public cloud computing (IaaS, SaaS, and PaaS) is set to grow 153% from 2010 to 2015.
- Small business (5 to 99 employees) is the fastest growing size segment growing from $2.5 billion by 2010 to $6.6 billion by 2015.
- Small business account for over half of the market in SaaS and IaaS.
- The top 5 vertical markets for IaaS in terms of 2011 market revenue will be hospitality and food, healthcare and social services, and retail trade. The bottom 5 verticals will be mining, forestry, fishing, and agricultural services and utilities.
By all accounts, Cloud Services and particularly IaaS are set to take off in the very near future mainly because it offers businesses big and small a cost-effective, efficient and practical way to manage and build on their infrastructure.
The Cloud isn’t clearing any time soon.