Tag: public cloud

  • Public Cloud Services to Reach US$165.2 Billion in 2026

    Public Cloud Services to Reach US$165.2 Billion in 2026

    The public cloud services market in Asia Pacific, excluding Japan, will reach US$165.2 billion in 2026, according to IDC. The PCS market is to grow at a higher year-over-year (YoY) rate in 2022 at 31.4% in comparison to 30.0% in 2021, as cloud migration continues to accelerate. However, IDC expects the YoY growth rates to slow down beginning in 2023 with a YoY growth of 28.3%, to 22.4% in 2026.

    “Majority of organizations have pivoted rapidly toward a digital-centric modus operandi to adapt to new ways of operating, working and selling products and services amid various disruptions. These organizations progressively demand better outcomes from their adoption of digital technologies to increase efficiency, accelerate time to market, provide empathetic customer experience, make quicker decisions and respond faster to customers. In IDC’s view, cloud technologies are the core building blocks for the future of digital infrastructure that can meet these challenges,” said Estelle Quek, senior research manager, Cloud Services, IDC Asia/Pacific.

    Infrastructure as a service (IaaS) will achieve a market value of US$80.7 billion and make up 48.8% of the Asia-Pacific  PCS market in 2026. IDC predicts more organizations will continue to accelerate IaaS adoption to reduce risks associated with capital expenditure and to operate more efficiently and profitably. Organizations are progressively pursuing consistency, security, performance and compliance across all resources by deploying, operating and scaling digital infrastructure in dedicated datacenters (DCs), private cloud, PCS and edge locations.

    Platform as a service (PaaS) will reach a market value of US$27.4 billion, contributing to 16.6% of the Asia-Pacific PCS market in 2026. Growth is fueled by organizations that are gradually shifting application development in-house to have better control and those exploring ways to allocate development functions to non-IT staff using low-code/no-code platforms.

    Software as a service (SaaS) will grow almost three times, from US$20.8 billion in 2021 to US$57.1 billion in 2026, contributing to 34.6% of the entire Asia-Pacific PCS market by then. SaaS growth is attributed to continued adoption of core enterprise applications, such as customer relationship management (CRM) and enterprise resource management (ERM). These remain top priorities as organizations desire to obtain 360-degree visibility and better service for their customers and to improve internal planning and operations by streamlining business processes and activities.

    “The PCS market’s growth is fueled by organizations’ DX acceleration and cloud-first approach with continuous adoption of hybrid work, business, or operations and the desire to drive better business outcomes, improve efficiencies, and create an empathetic customer experience to augment customer retention rate and enhance pr

  • Public cloud adoption growing globally

    Public cloud adoption growing globally

    The use of public cloud is increasing globally, with many organizations seeing substantial process and financial benefits, according to a new report conducted by Vanson Bourne for Barracuda Networks.

    On average, organizations have nearly 40% of their infrastructure in the public cloud today, with the expectation to increase this to 70% over the next five years.

    Four in 10 reported that their organization relied on public cloud deployments to expand their services, often replicating those over multiple regions, while 30% said they only migrated selected services to the cloud and kept the balance on premises.

    Overall, the survey found that organizations are growing more comfortable with hybrid environments that deploy a range of public cloud services along with more traditional on-premises infrastructure.

    The research surveyed 1,300 IT decision makers from organizations using public cloud Infrastructure as a Service (IaaS) from the Americas, Europe, Middle East and Africa (EMEA), and from Asia Pacific (APAC).

    Of the 450 APAC IT decision makers who participated in the survey, 150 of them were from ASEAN countries Indonesia, Singapore and Malaysia. The report outlines the respondents’ use of public cloud, benefits of public cloud, challenges with public cloud, and public cloud security.

    However, there are still a significant number of organizations that are not clear on the shared security model and the implication to their data and applications.

    “The challenges in migrating legacy security appliances and architectures require having the right infrastructure for securing hybrid cloud solutions. Organizations need to select cloud-ready security solutions that are designed for the new architectures and capabilities enabled by public and hybrid cloud adoption,” Barracuda SVP and GM of security Hatem Naguib said.

    Nearly all the respondents (99%) said that their organization has seen benefits as a result of moving to the public cloud, including greater scalability and reduced IT expenditures. The survey found, on average, that organizations didn’t use a single cloud provider for everything, and cited a number of reasons for this: Top of mind was that different providers had different strengths (63%), followed by the view that this increased security (51%) and helped keep costs down (42%).

    But the public cloud also involves fresh challenges. Security remains to be the biggest challenge when it comes to using the public cloud – 71% felt that security concerns restricted their ability to migrate workloads to the public cloud. Nine in 10 (91%) of organizations reported they worried about their use of public cloud, with cyberattacks being the chief concern at 54%. Phishing (50%), DDoS (47%), APTs (45%), and ransomware (41%) were the main threats that most conerned them.

  • Public cloud market set to grow 17% in 2016

    Public cloud market set to grow 17% in 2016

    The worldwide public cloud services market is projected to grow 17% in 2016 to $208.6 billion, according to Gartner.

    The highest growth will come from IaaS, which is projected to grow 43% in 2016. SaaS, one of the largest segments in the global cloud services market, is expected to grow 22% in 2016 to reach $38.9 billion.

    “There’s no question there is great appetite within organizations to use cloud services, but there are still challenges for organizations as they make the move to the cloud,” said Sid Nag, research director at Gartner. “Even with the high rate of predicted growth, a large number of organizations still have no current plans to use cloud services.”

    IT modernization is currently the top driver of public cloud adoption, followed by cost savings, innovation, agility and other benefits. The focus on IT modernization indicates a more sophisticated and strategic use of public cloud services.

    Security and/or privacy concerns continue to be the top inhibitors to public cloud adoption, despite the strong security track record and increased transparency of leading cloud providers.

    Most organizations are already using a combination of cloud services from different cloud providers. While public cloud usage will continue to increase, the use of private cloud and hosted private cloud services is also expected to increase at least through 2017.

    The increased use of multiple public cloud providers, plus growth in various types of private cloud services, will create a multi-cloud environment in most enterprises and a need to coordinate cloud usage using hybrid scenarios.

    Although hybrid cloud scenarios will dominate, there are many challenges that inhibit working hybrid cloud implementations. Organizations that are not planning to use hybrid cloud indicated a number of concerns, including integration challenges, application incompatibilities, a lack of management tools, a lack of common APIs and a lack of vendor support.