TechNavio today launched its report Global Public Cloud Market 2011-2014 based on an in-depth study. The report aims to aid decision makers™ understanding of the key trends impacting the growth of this market.
Commenting on the report, an analyst from TechNavio™s Data Centers team said, Organizations across the globe are implementing hybrid cloud deployment to gain the advantages of both the private and public cloud models. The common trend being witnessed across many organizations is to maintain organizational data in their own data centers and then use the public cloud service to perform the required application computation tasks. This allows the companies to use the existing IT infrastructure of the company and augment it with a cloud-based service. Further, the hybrid cloud deployment allows organizations to maintain secure storage of organizational data while at the same time utilizing the cheaper cloud-based enterprise application and infrastructure services.
According to the report, one of the main drivers of the Global Public Cloud market is the need to reduce the overall cost of organizational IT applications. With increasing technological advancements and the increased adoption of technologies in business, there is an increase in the annual IT application procurement and management costs for many organizations. As a result, many end-users are utilizing the public cloud to deploy and manage cloud applications at reduced cost. Moreover, the less complex cloud interfaces and self-service provisions of cloud computing are also helping many organizations to manage cloud applications with limited resources.
The report also discusses the various challenges faced by this market including the growing concern for 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-market-2011-2014
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TechNavio Announces the Publication of its Report – Global Public Cloud Market 2011-2014
