TechNavio today launched its report Global Public Cloud Services Market 2010“2015 based on an in-depth study. The report aims to aid decision makers™ understanding of the present and the future landscape of the Global Public Cloud Services market.
Commenting on the report, an analyst from TechNavio™s Data Centers team said, The main reason companies are implementing cloud services is to minimize costs. Cloud services also facilitate the access of a mobile workforce to computing resources. SMEs, which have limited capital to invest in storage, are finding cloud services an attractive option. They might also be short of capital to maintain an efficient IT department and hence the cloud is a great alternative. The pay-per-use model permits them to invest only when needed and only the amount that is needed. Cloud ERP solutions have tools to extend the application and have built-in analytics. SMEs are slowly adopting public cloud services, as per the requirements.
According to the report, one of the main drivers of the Global Public Cloud Services market is the requirement to reduce the overall cost of IT applications. With growing technological advancements and increased implementation of technologies in businesses, there is a surge in the annual IT application purchase and management costs for many organizations. As a result, many end-users are adopting public cloud services to install and manage cloud applications at reduced cost.
Further, the report also discusses that one of the major challenges confronting the Global Public Cloud Services market is the growing concern regarding 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-public-cloud-services-market-2011-2015
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TechNavio Announces the Publication of its Report “ Global Public Cloud Services Market 2010“2015
