Emerging Trends in IT Technology: Emerging Trends in IT Technology IT – Shaping the future Emerging Technology Trends:
Emerging Technology Trends Below mentioned are some of the emerging technologies which will shape the future of IT Industry across the world: The rise of
SAAS- Software As A Service (On demand Software) Advancement in mobile applications and user interface Wireless & consumer electronics semiconductor Advancement in the field of IT automation & data management Advances in the fields of
(Data Analytics, Predictive Analytics , Social Analytics) Context aware computing – Concept of using information about the end user Storage class memory – Advancement of flash memory in different industries (Consumer Electronics, Entertainment Technology, IT systems etc ) Information Security – Securing Virtualized Technology (Data Protection)
Trends on Cloud Computing:
Trends on Cloud Computing The Concept of Cloud Computing is fast emerging across verticals and can be differentiated in to 3 major divisions: 1.) Public Model – Over the internet via
2.) Private Model / Internal Cloud – Emulating Cloud Computing on private networks 3.) Hybrid Cloud – Consists of multiple internal and / or external providers. Emerging trends as follows: 1.) Outages across the industry signal demand outweighs supply. 2.) Early Consolidation vs. the Proliferation of New Entrants to the Market. 3.) The Rise of Open Source Cloud Computing Solutions.
Components on Cloud Computing: Components on Cloud Computing Cloud Computing solution comes in different shapes and sizes. It is customizable based on company’s requirements. They come in Business delivery model and Infrastructure Delivery Model. Following are the some of the important components of Cloud Computing. Cloud Consulting Services. SAAS – Software As A Service PAAS – Platform As A Service IAAS – Infrastructure As A Service Servers optimized for the cloud Cloud Software ASP – Active Server Pages Market Size of Cloud Computing: Market Size of Cloud Computing According to Forrester Research cloud computing market will reach $241 Billion by 2020. Forbes survey has indicated that cloud based services will grow from $12.1billion to $ 35.6 billion in 2015. Year on year growth is estimated at 43% in 2011 but will decrease to 13% in next 5 years. SAAS will account for 70% revenue and 30% will be related to IAAS. Gartner in its report have indicated that cloud services revenue will reach $148.8B in 2014. 60% of it coming from North America alone. IDC press release indicates that Public IT cloud services will grow 5 times the traditional IT products through 2014. The same report also indicates that there will Compound Annual Growth Rate at 27.4% for IT Cloud Services. Market estimates for cloud computing across different regions: Market estimates for cloud computing across different regions The Cloud Computing market was INR 18.2 Billion in 2010 and is estimated to grow at a CAGR of 54.3% to reach INR 159.1 Billion by year 2015. German cloud computing market is forecast to grow from EUR 1.14 billion in 2010 to EUR 8.2 billion in 2015 China to grow 30 percent annually and exceed $2.4 billion in 3 years The cloud computing market in Japan is expected to grow to U.S.$29.2 billion in 2015. North American Enterprise Mobile Cloud Computing Market to Grow 12% Through 2014 Cloud Computing growth revenue from various industry verticals: Cloud Computing growth revenue from various industry verticals Companies providing professional services, communications and process manufacturing will lead the growth in Public IT Cloud Services. Industries which are highly regulated such as Government, Banking and Healthcare will be least likely to adopt public IT Cloud services in next few years. Healthcare will see a growth of CAGR 23% through 2014. Services & Distribution on the cloud to raise to $8.5 billion, accounting for nearly 30% of all public cloud services. IT Cloud Spending: IT Cloud Spending IDC enterprise IT spending report predicts that customer spending on cloud IT services will be $42.3 billion by 2012. Cont: Cont Spending on IT Cloud Services to reach $ 42 Billion by 2012. Over 2008-2012 IDC expects spending on IT cloud services to grow almost threefold. It will reach 42 billion USD by 2012 and accounting for 9% of revenues in five key market segments. More importantly, spending on cloud computing will accelerate throughout the forecast period, capturing 25% of IT spending growth in 2012 and nearly a third of growth the 2010. SMBs are able to consolidate multiple services into multi-service business gateway (MSBG) driving the forecast of MSBG revenue in the SMB market to over $1 billion in 2015 . Cont: Cont Worldwide annual shipments of MSBGs will approach 1.8 million units by 2015. Cloud computing and managed hosting spending by U.S. businesses is forecasted to surpass $13 billion in 2014, up from less than 3 billion. Cloud computing and managed hosting spending is expected to see greatest growth among professional services and healthcare verticals, growing over 124% between 2010 and 2014. Cloud services is growing rapidly with CAGR's five times larger than for traditional IT services; forecast at 27%. It is expected to see significant growth in the next five years. Small business public cloud computing spending is estimated to reach $6 billion by 2014. Top Cloud Players in India.: Top Cloud Players in India. 1.) Google 2.) Microsoft 3.) IBM 4.) HP 5.) Dell 6.) AT&T 7.) Cisco 8.) TCS 9.) Infosys 10.) Wipro 11.) VM Ware 12.) EMC2 Thank You: Thank You