Cloud Computing Service Market Size, Share, Trends and Growth to 2020

Summary

Introduction The definition of cloud computing services for the purpose of this report

Cloud computing services for the purposes of this report are defined as providing on-demand IT services, including IT components such as virtualised CPU, RAM, storage, bandwidth and selected software applications.

The cloud computing service is delivered over the internet and can be either a shared (public) service or a dedicated (private) service – or as a mixture of the two - as a hybrid service.

The advantage of cloud services are that they are scalable and can be provided on a per user basis – with IT being used as a service. Administrators can monitor usage via an online dashboard, which can be used to monitor service utilisation and also enforce a Service Level Agreement (SLA).

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The development of cloud computing services

Cloud computing services started to be introduced initially as a stand alone IT hosted service, but increasingly the concept of the cloud – with shared services in the cloud being delivered at a reduced cost - is increasingly being applied across all IT segments and is being integrated with the Data Centre, networks, mobility, apps and other hosted services.

Cloud computing service development mirrors the development in IT services as a whole and is based on two key new trends – the widespread adoption of web access and services and the growth in virtualisation of CPU, memory and storage services.

The two trends have reduced the cost of providing virtualised IT services and have enabled virtualised services to be distributed in all regions of the world via the internet.

Virtualisation – the growth of virtualisation has allowed enterprises to share IT components more efficiently at a lower cost than the purchase of dedicated hardware

Web Access – the growth of web access worldwide and a decline in pricing has...