Cloud-Based Services

Accelerator > Network Applications

As organizations accelerate cloud adoption, expect increased competition among service providers through price cuts, feature enhancements and consolidation

As organizations accelerate cloud adoption, expect increased competition among service providers through price cuts, feature enhancements and consolidation

Definition

  • Utilization of Internet-based services for on-demand storage, collection, management and analysis of data, and conduct of business transactions

Outlook

  • Reached high levels of enterprise cloud adoption
  • Intensified competition in enterprise cloud services market, driving price cuts and enhancements
  • Continued industry consolidation as large players acquire smaller companies
  • Increased focus on advanced security as critical information are stored in cloud
  • Sustained proliferation of highly-functional mobile applications, particularly in enterprise market, as employees become more dependent on mobile devices

Implications

  • Reducing need for ownership of physical IT infrastructures, shifting emphasis from expenditures to expense management, and often providing greater functionality than internal systems
  • Enabling digitization of incumbent products and services by software-as-a-service models
  • Heightening cybersecurity risks to corporate and customer data
How can you leverage cloud-based services to create software-as-a-service offerings, improve productivity, and optimize infrastructure expenditures and expenses?
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