IDC: Hosted Private Cloud Market to Grow 50% Per Year

The market researchers at IDC are predicting that the hosted private cloud (HPC) services industry will be worth more than $24 billion by 2016 — a compound annual growth rate of more than 50 percent. The firm believes the virtual private cloud market is poised to take off as enterprises seek to take advantage of the benefits of cloud computing but avoid the security and compliance headaches associated with public clouds. And they say many enterprises will likely seek hosting providers who can handle some of the management burden of the cloud environment.

IDC advised technology vendors to go after cloud computing business. “Not even the largest technology incumbents can sustain IT market leadership without achieving leadership in cloud services,” IDC’s Robert Mahowald warned. “Quite simply, vendor failure in cloud services will mean stagnation.”

View article

Share the Post:
Share on facebook
Share on twitter
Share on linkedin

Overview

The Latest

microsoft careers

Top Careers at Microsoft

Microsoft has gained its position as one of the top companies in the world, and Microsoft careers are flourishing. This multinational company is efficiently developing popular software and computers with other consumer electronics. It is a dream come true for so many people to acquire a high paid, high-prestige job

your company's audio

4 Areas of Your Company Where Your Audio Really Matters

Your company probably relies on audio more than you realize. Whether you’re creating a spoken text message to a colleague or giving a speech, you want your audio to shine. Otherwise, you could cause avoidable friction points and potentially hurt your brand reputation. For example, let’s say you create a

chrome os developer mode

How to Turn on Chrome OS Developer Mode

Google’s Chrome OS is a popular operating system that is widely used on Chromebooks and other devices. While it is designed to be simple and user-friendly, there are times when users may want to access additional features and functionality. One way to do this is by turning on Chrome OS