Light Networks works with our customers to evaluate their current and future business objectives to assist them in developing decision criteria around which applications can be more effectively serviced from a cloud provider. Additionally, we can assist with the evaluation of service providers and ultimately contract negotiation to migrate services to the chosen provider.
- Recent IDC cloud research shows that spending on public IT cloud services will reach $47.4 billion in 2013 and is expected to be more than $107 billion in 2017. Over the 2013–2017 forecast period, public IT cloud services will have a compound annual growth rate (CAGR) of 23.5%, five times that of the industry overall.
- By 2017, IDC expects public IT cloud services will drive 17% of the IT product spending and nearly half of all growth across five technology categories: applications, system infrastructure software, platform as a service (PaaS), servers, and basic services.
- Software as a service (SaaS) will remain the largest public IT cloud services category, capturing 59.7% of revenues in 2017.
This market growth continues to be fueled by a rational desire for organizations to focus on their core competencies instead of focusing on delivering IT. Cloud based providers are rapidly expanding capabilities to support an ever-broadening suite of applications to support core business functions. Today, infrastructure applications such as: corporate email, IP Telephony, CRM and Storage are rapidly being out-tasked to the cloud.