2014-04-16 06:23:01 - Cloud Infrastructure Services: A Global Strategic Business Report - a new market research report on companiesandmarkets.com
Global market for Cloud Infrastructure Services is projected to reach US$63.5 billion by 2018, driven by widespread adoption of cloud computing by enterprises worldwide against a backdrop of increased pressure to reduce IT costs.
Growing realization of the fact that optimum leveraging of cloud computing requires adoption of multiple approaches to cloud is resulting in healthy demand for cloud infrastructure services ranging from public, private to hybrid cloud infrastructure services. Public cloud infrastructure service, also known as Infrastructure-as-a-Service (IaaS), is emerging into a critical business model crucial to survival of enterprises in the 21st century.
IaaS provides the prefect platform to cost-effectively optimize enterprise work processes by allowing essential IT resources such as storage, processing power, security and network bandwidth to be
hired and/or rented as a service over the internet. In addition to benefits such as flexibility, scalability, low costs, reduced investments and increased security, improvements in SLAs are playing instrumental roles in driving adoption by improving customer satisfaction. Currently, over 90% of enterprises express satisfaction with the ability of IaaS to deliver expected benefits and meet business goals.
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