The Cloudy Business!
There’s always a lot of buzz around cloud computing. It has become the “in thing” today. Businesses are aggressively adopting cloud infrastructures. There are a lot of reasons behind this approach. Environment-friendly, cost-efficient, more secure, more flexible, infinite storage and a fool-proof disaster recovery program are some of the reasons behind its popularity. Also, it gives you an edge over your competitors. With so many companies investing in cloud, it can be easily understood how great the market is for this technology. Be it in terms of revenues, market size or employment opportunities cloud is leading the charts. In this post, I will take you through some recent market trends and share insights (figures and stats) from the world cloud computing.
By the third quarter of 2015, the global IT infrastructure had reached 7.6 Billion USD. Hewlett Packard was leading the cloud infrastructure market with a 15.7% share and revenue of 1.18 Billion USD. Dell and Cisco followed closely at 10.4% (Revenue: 783 Million Dollars) and 9.7% (revenue: 731 Million Dollars) respectively. The situation was similar with NetApp, IBM and Lenovo being too close to be separated and hence, was ranked fifth collectively. EMC ranked at fourth. Although, the biggest gainer of the last year was Lenovo with a 750% increase in the revenue. On the other hand, IBM did rather poorly by dropping its revenue by 42% year-on-year. All the vendors besides NetApp showed a positive graph.
The volume of opportunities is quite high in the cloud computing arena. The following graph shows the number of cloud-based jobs offered by some of the world’s leading IT organizations during the last year
Cloud’s graph is consistently moving upwards in respect to the overall IT infrastructure with more than one-third of the cloud infrastructure sales in the third quarter of 2015 as compared to 28.7% in the previous year. Also, the revenues in the traditional infrastructures took a dip of 3.2 % year-on-year. This decline was also witnessed by the server, storage and Ethernet segments. Talking in terms of geographies the fastest growing market for the cloud was the Asia-pacific region sans Japan registering a 35.3% growth surpassing Western Europe which stands at 22.1%. Talking of individual countries, Japan leads at 47.1% with Canada and the United States following at 22% and 20.1% respectively.
Here are few more statements made by Kuba Stolarski, Research Director for Computing Hardware and Platforms at International Data Corporation.
Here is another chart that depicts the salary trends of various cloud computing jobs in India
Cloud computing is the future of IT infrastructure and presents great opportunities for those who wish to make a career in this field. At Cognixia, we have the finest Cloud Computing and AWS Trainings. If you aspire to a rewarding and exciting career then, enrol for our Cloud Computing course today. For further information, you can write to us