TechNavio today launched its report, Global Private Cloud Market 2012-2016, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Data Centers team said: ”The rapid expansion of enterprise businesses and the advanced equipment required to meet the growing business requirements is increasing the complexity of the network infrastructure. To address the complexity, enterprises are adopting private cloud solutions which centralize the storage and allocation of computing resources to the end-users. The private cloud has a limitation in terms of the capacity of computing resources that it can allocate to the end-users. Cloud service providers are adopting hybrid cloud models where the computing resources are accessed from the public cloud in case of scarcity of resources in the private cloud infrastructure. The enterprises are charged on a use basis which turns out to be more economical for them. The data is stored within the enterprise premises.”
According to the report, enterprises are increasing their adoption of private cloud infrastructures and services with a growing need to reduce the capital and operational expenses. With increasing consolidation of the network infrastructure and virtualization of the hardware infrastructure, there is an immediate reduction in the operational expenses of the enterprises. The reduction in costs is mainly experienced in the costs associated with the powering and cooling of the network infrastructure. Further, with the reduction in powering and cooling solutions, enterprises are reducing their carbon footprint, which is another advantage of cloud computing. The reduction in expenses of enterprises is driving the Global Private Cloud market.
Further, the report reveals that the high initial costs of private cloud adoption is one of the major challenges for the Global Private Cloud market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-private-cloud-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Data Centers market research, please visit https://www.technavio.com/data-centers
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