The pace of innovation in the IT industry is always been faster compared to other industries and has resulted in the industry going through a series of transformations over the last 50 years. It started with mainframe computers, then moved on to minicomputers, PCs, and the web. The next wave of transformation in the IT industry is cloud computing. The technologies of virtualization, SOA and Web services has helped companies come up with delivery and business model evolutions by leveraging the potential of cloud. This is a perfect storm and has the capability to disrupt the adoption of IT across segments including Enterprise, SMBs, Government and even consumers.
While challenges exist, these challenges will eventually get resolved through better technology, transparency, cost efficiency, regulations & changes in mindset of the end users. We have already seen the success of cloud computing in select segments and cloud is now starting to expand its horizons. Every large technology company is now claiming to be a cloud company and have aggressively invested in cloud technologies and strategic acquisitions. Many new companies are emerging and are betting heavily on cloud.
Cloud has opened up new growth engines for all constituents of the ecosystem including product companies, services companies, BPO centers as well as start ups. Even on the demand side, companies are looking to adopt cloud/ SaaS solutions as part of their IT investments over the next few years. While US is currently the major consumer of cloud technologies, emerging markets such as India, China, S. Korea, Brazil, South Africa and others are now adopting cloud solutions & technologies at a much faster pace and present huge opportunity in the near future.
To know more about our point of views & services offerings,info@zinnov.com
Globalization
