Abstract
Cloud computing is a concept of delivering a type of software, platform, and
computing infrastructure in a network. In this, the actual business centric
hardware is placed in a centralized location, or distributed servers are used
to house applications. Businesses and customers can access the needed
resources via connecting the servers from remote locations. Cloud computing
encompasses various computing concepts like hosted applications and accessing
software through web browser, which provide scalable business applications
delivered through internet.
Cloud Computing applications are faster, simpler and cheaper to use as there
is no involvement of capital requirement for servers & storage and operational
expenses for running data center. Also, applications are accessible from
anywhere, at anytime. With virtual networks, service providers can provide
shared platforms; reducing the cost of physical platform. Also, cloud
computing provides cost effective data center infrastructure. Moreover, it
increases server utilization and sets priorities based on business
requirements.
Most of the companies (using cloud computing for their internal IT operations)
use cloud computing for business applications such as customer relationship
management. Other major applications include data storage and HR services such
as recruitment management, using which the companies are able to focus on
their strategic business initiatives. This enables them to serve customers
better, improve business performance, and gain market share.
The report by TechNavio Insights forecasts the size of the Global Cloud
Computing Services Market over the period 2008-2012. Further, it discusses the
key growth drivers, market trends and challenges of the Global Cloud Computing
Services Market, and profiles some of the key vendors of this market.
Infiniti Research specializes in deep dive custom research for leading
Fortune 500 companies. The company conducts more than 200 market intelligence
projects every year. TechNavio is the company' s market intelligence platform.
TechNavio Insights is a series of 400+ reports based on this market
intelligence platform.
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