Cloud Computing – Thematic Research
- Pages: 45
- Published: June 2020
- Report Code: GDTMT-TR-S271
Cloud computing’s importance has grown significantly in recent years. It has enabled the use of shared IT infrastructure and services to create a flexible, scalable, and on-demand IT environment. The cloud is now the dominant model for delivering and maintaining enterprise IT resources, including hardware (e.g., compute, storage, and networking), software (e.g., database, analytics, and enterprise resource planning), and platforms and tools for application developers.
This report provides an overview of the cloud computing theme.
It identifies the key trends impacting growth of the theme over the next 12 to 24 months.
It includes a comprehensive industry analysis, including market size and growth forecasts for cloud services (SaaS, PaaS, and IaaS) and cloud infrastructure (private cloud services, hybrid cloud services, and cloud management platforms).
The detailed value chain breaks down enterprise cloud spending into three categories: cloud infrastructure, cloud services, and cloud professional services.
Cloud computing provides users with an approach to consuming IT that is significantly more flexible, resource-efficient, and cost-effective compared to traditional IT. Cloud-based IT resources can be delivered privately, for use by one or a specific group of enterprises, or publicly, where IT resources are accessed according to multi-tenancy principles. Hybrid cloud environments, which combine the use of both public and private cloud, are becoming increasingly popular among enterprises that aim to enjoy the benefits of both.
The widespread move to home-working necessitated by COVID-19 would have brought businesses to a grinding halt had investments in cloud not been made over the last 10 years. That investment now has the potential to transform the way some businesses operate.
Reasons to buy
The traditional IT stack is shifting to the cloud computing stack. This report will help readers make sense of this shift and understand the business benefits that can be derived from cloud computing. In addition, the report identifies those technology vendors that are leading and lagging across the enterprise cloud market, as well as highlighting those companies that are disrupting the sector.
Also included in this report are market forecasts that take into account the impact of COVID-19 on cloud spending.
Tata Consultancy Services
Table of Contents
Appendix: Our thematic research methodology