TechNavio today launched its report Global Platform as a Service Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers™ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio™s Enterprise Computing team said; One of the major trends being witnessed in the Global Platform as a Service (PaaS) market is the increased adoption of the hybrid model for developing and deploying cloud applications. Cloud PaaS vendors are providing capabilities to deploy applications into public as well as private clouds. The public cloud provides organizations with much-needed flexibility in running these applications at a reduced cost. Many organizations are embracing a hybrid cloud approach to utilize the benefits offered by the private as well as the public cloud model. Thus, the Global PaaS market is witnessing a trend where many vendors are now offering a hybrid model for developing and deploying cloud-based applications.
According to the report, one of the main drivers of the Global PaaS market is the need to reduce the time required for application and service delivery. The PaaS model enables organizations to rapidly build, deploy, and manage enterprise applications that can be customized specifically to their unique business needs. Cloud-based platform services are also helping end-users to rapidly scale their application infrastructure requirements within a very short time period. Hence, the ability to adapt enterprise applications much faster to match the changing business environment is driving the Global PaaS market.
Further, the report also discusses that one of the major challenges facing the Global PaaS market is the growing concern about data security.
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 players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-platform-service-market-2011-2015
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TechNavio Announces the Publication of its Report “ Global Platform as a Service Market 2011-2015
