EMC World is in full swing in Las Vegas, and the titular company kicked off the four day conference on a high note, introducing several new hybrid cloud products.
EMC is already one of the biggest providers of IT storage and hardware solutions globally, and it is putting a great deal of emphasis on hybrid cloud models. This system combines public and private cloud computing, where an application runs in a private cloud and “bursts” into a public cloud when demand increases.
One new product already unveiled at EMC World is the company’s Elastic Cloud Storage (ECS) appliance. A press release on the subject totes it as “a breakthrough hyperscale cloud storage infrastructure that redefines the economic benefits of cloud storage for service providers and customers of any size, in any industry”.
A recently published article from eWeek explains that, “the appliance enables users to keep much of the legacy data center servers and storage because it adds hyperscale cloud capabilities to existing private and hybrid cloud environments. It features self-service capabilities, fully automated provisioning and data services for next-generation applications”.
Developments like this are creating a rather robust outlook for the Global Hybrid Cloud Market, which is growing at a CAGR of 30.16 percent from 2013-2018. In the spirit of EMC World, TechNavio analysts have compiled a list of trends, which will drive market growth over the forecast period.
More SMEs Adopting Hybrid Cloud Models
The rapid expansion of enterprise businesses, and the advanced equipment needed to meet business requirements are increasing the complexity of network infrastructure. To address this complexity, enterprises are adopting private cloud solutions that centralize storage and allocation of computing resources to end-users. But the private cloud is limited in terms of capacity and computing resources, so cloud service providers are adopting hybrid cloud models that access computing resources in the public cloud when they exceed the private cloud infrastructure capacity. Since enterprises are charged on a per-use basis, this is an economical options and rather appealing for small and medium sizes enterprises.
Emergence of Hybrid Cloud as a Service
One of the most important trends in cloud computing is the increasing availability of hybrid clouds from service providers. For instance, Fujitsu offers hybrid cloud service based on Microsoft Windows Azure, which enables interoperability between applications and systems. The service is offered for different scenarios, including when a business needs extra resources in the public cloud to support peak workloads. It may seem a bit obvious, but healthy market growth definitely depends on service availability.
Emergence of Infrastructure as a Service (IaaS) and On-demand Cloud Providers
The emergence of IaaS and on-demand cloud providers has given way to a new virtualization strategy that most enterprises are adopting to eliminate limitations by developing and deploying applications on a single piece of hardware.
The evolution of IaaS and SaaS has opened up a lot of opportunities for smaller enterprises and startups, where they have the option to explore and deploy their ideas with greater agility. Enterprises are finding the hybrid cloud very attractive as it allows them to achieve a lot while staying within budget.
These trends, as well as new products from key vendors like EMC will continue to boost the Global Hybrid Cloud Market over the next four years.
