The Global Cloud Computing Market reached a $76.3 billion value in 2013

Friday 9 May 2014, Amsterdam

The Global Cloud Computing Market reached a $76.3 billion value in 2013
Cloud computing is widely acknowledged as the next major wave of IT transformation. The migration of software, services, documents, business processes, in essence, the essence of IT, into the cloud is a task of unprecedented magnitude.

A loose metaphor for the Internet: cloud computing represents an opportunity for enterprise to effectively outsource their IT, allowing third-party vendors to manage that infrastructure. The cloud can be used as a platform for building and testing new applications, running business processes, storing files for disaster recovery, as a basis for virtual desktops, or as an enterprise software delivery method. The applications of cloud computing are endless, and vendors are moving aggressively to exploit new market trends and niches.

Telecoms, IT, and computing multinationals are making multi-billion dollar investments in this new market, in expansion of their infrastructure assets, research & development of new technologies, and acquisitions of budding, innovative cloud computing firms.

At the end of 2013, the report calculates that the leading 20 cloud computing vendors will have revenue representing 38.7% of the global market illustrating a highly fragmented industry with major opportunities for consolidation.

The leading cloud computing vendors are incredibly diverse in their business models, strategies, and offerings. Some are operating a purely cloud business, while for others cloud computing represents a small share of their overall corporate strategy. Some are interested in covering a gamut of cloud services, while others are focusing on a narrow range of successful and profitable core competencies in which they hold a competitive advantage.

The cloud computing market will grow explosively in the next five years, and there remain many untapped market niches that these leading vendors are poised to exploit. As the market moves into a growth phase, so too will the relationships between these vendors, with competition becoming more vociferous and strategic alliances and partnerships leading to significant balance-of-power disruptions in the market.

There is much room in cloud computing for the leading vendors to grow into, and all of the companies the report has included in its report stand a fair chance to have a significant, longstanding impact on future generations of enterprise IT.

The Top 20 Cloud Computing Companies 2014: Leaders in IaaS, PaaS, SaaS, Public, Private & Hybrid Cloud Solutions analyses the strengths, weaknesses, opportunities, threats, products, and strategies of the top 20 companies in the cloud computing market. 124 unique charts, figures, and tables quantify and qualify their efforts, portfolios, and revenue streams.

These leading companies cover all levels of the cloud computing value chain, providing a comprehensive outlook on this market and relationships between players from top to bottom.

Top 20 Cloud Computing Companies 2014: Leaders in IaaS, PaaS, SaaS, Public, Private & Hybrid Cloud Solutions will be of value to current and future investors in the IT, enterprise software, e-commerce, mobile and desktop application, network backbone, and mobile device industries, as well as companies and research centres who wish to broaden their knowledge on this subject.
Top 20 Cloud Computing Companies 2014

Top 20 Cloud Computing Companies 2014

Publish date : February 2014
Report code : ASDR-104866
Pages : 147

ASDReports.com contact: S. Koomen

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