Software-as-a-Service to continue to dominate cloud revenues
Fri 2 May 2014
Sales of enterprise software-as-a-Service will reach $53.5 billion in 2018 and the dominant sector of the enterprise public cloud computing market.
According to a new report from Juniper Research, this is partly due to its relative maturity as well as recognition of its comparative benefits and lower risks. Conversely, the report says that the take-up of PaaS (Platform) and IaaS (Infrastructure) solutions has been adversely impacted by concerns in the enterprise over data security, compliance and portability.
However it adds that both PaaS and IaaS “will experience significant growth over the forecast period as new applications, developed specifically for the cloud to harness workloads such as big data analysis, benefit from the PaaS ‘fast-track’ model.” It also found that IaaS is becoming increasingly attractive “owing to a high level of control over the software stack and security implementation, alongside a growing understanding of the need for proper risk assessment.”