Thursday Feb 28, 2013

Cloud PPM: Everything you need to know to make the business case

Written by Guest Blogger Wayne Caccamo, Sr Director, Product Marketing, Oracle

It’s Happening, Keep Up or Fall Behind

We are in the midst of a transition to cloud based computing as the primary model for data center workloads. According to “Independent Shipment Analysis, Cisco Systems”, by 2014, over 50% of all workloads will be processed in the cloud; traditional computing will be in the minority. It is projected to reduce overall tech spending by $30B-$39B in 2013, replacing 14% of global on-premise spending in 2020. This transition translates into a cloud computing market growth rate of 37% from 2008 to 2013, from $13B to $55B. According to another source, the total cloud market was $20B in 2011 and is expected to reach $26.4B in 2012, equating to 32% growth year over year. Gartner pegged the expected growth rate between 2011 and 2012 at 37% (from $14.5B to $22.1B).

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