WHERE DO WE SEE CLOUD COMPUTING IN NEXT 5 YEARS ANDWHY THEY ARE LIKELY TO COME TRUE?

By 2016 over a quarter of all applications will be available on the cloud

1Statistically speaking, there will be around 48-50 million applications

connected to cloud. Cloud is going to be a big differentiator in IT industry, not only from customer connection point of view – but also from corporate strategic angle.

For companies, cloud is going to be an important future platform to reduce costs, enhance operational excellence, and foster innovation.

Global Cloud Computing Services Market to Reach US$127 Billion by 2017

2

One of the greatest advantages of cloud computing is the ability to provide IT infrastructure and software services directly to the customers over the internet.

Through cloud computing, companies can expand network capacity, run application on third party vendors and run great customer service on significantly lower IT costs. All without spending on IT legacy systems or having enough technological expertise.

All the above factors will prompt businesses towards cloud adoption.

By 2018, around 3.6 Billion internet users are projected to access cloud computing services

3Tech companies are going to play a great role in extending internet access all over the world,especially in countries/regions with infrastructure challenges. Facebook is developing drones,satellites and lasers to make internet accessible to people. Google is working on Project Loon

which involves floating huge balloons in high altitudes in the stratosphere to fill the gaps in coverage areas. And Microsoft is contemplating on whitespace broadband to develop

high speed internet in rural India.

All these can be a great game changer in the next few years.

Cloud Analytics Market to see 26.29% CAGR to 2019

4In the last few years we saw an increased used of data analytics with the integration of cloud computing. This is acting as a new service model where data analysis takes place and then selling them through pay-per-use model.

With the imminent Big Data Deluge and role of data analytics in the cloud – there is no doubt that more and more companies will take the cloud route to save costs, increase revenue and maximize profits.

5

By 2020, cloud computing market size will reach $241 Billion

Cloud Computing is going to be evolved as a significant contributor to the size and growth of tech companies, small SMEs and online retailers. The biggest reason behind this is : SAAS ( Software as a service) will be adopted by companies of all sizes. In a cloud driven IT environment solidly backed by market growth dynamics - $241 Billion looks right on the money over the next 5 years.

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