The cognitive computing market will generate $13.7 billion by 2020 according to a new report by Allied Market Research. That translates into a compound annual growth rate (CAGR) of 33.1 percent over the next five years.
Showing posts with label Analytics. Show all posts
Showing posts with label Analytics. Show all posts
Thursday, 19 May 2016
Cognitive Computing Market is Expected to Reach $13.7 Billion by 2020, Allied Market Research Finds
The cognitive computing market will generate $13.7 billion by 2020 according to a new report by Allied Market Research. That translates into a compound annual growth rate (CAGR) of 33.1 percent over the next five years.
Wednesday, 3 February 2016
World Data Analytics Outsourcing Market is Expected to Reach $5.9 Billion, by 2020
According to a new report published by Allied Market Research titled, "World Data Analytics Outsourcing - Market Opportunities and Forecasts, 2014-2020", the world data analytics outsourcing market is expected to reach $5.9 billion by 2020, registering a CAGR of 29.1% during 2015-2020. Over the years, there has been an exponential increase in the data generated by enterprises. This data is now being outsourced to data analytics service providers enabling the enterprises to make effective insights-driven business decisions, offer enhanced services to customers, and avoid risks and losses. Most of the enterprises do not have in-house analytics capabilities or skilled workforce, thereby accelerating the growth of data analytics outsourcing market.
Tuesday, 5 January 2016
How IBM Cloud Can Boost Its Revenues?
The stock price of International Business Machines has fallen 22% since its July high of $173 to $135, compared to a 1% decrease of 6% in the S&P 500 index during the same period. IBM’s subpar stock performance reflects investor sentiment, which has weakened as the company’s revenues have been on a decline. However, the recent efforts by the company to roll out its services on cloud is hampering its revenues but positively impacting its margins.
The company continues to focus on big data analytics and cloud computing services. This strategy is yielding results as the company is witnessing robust growth in revenues from these initiatives, especially in its Watson Analytics offering. Furthermore, its application offering is gain traction in the Software-As-A-Serivce (SaaS) market. In this article, we discuss key factors that contribute to our belief in IBM’s long-term potential in Cloud.
See our full analysis on IBM
Revenues From Cloud Services To Bolster GTS And GBS Businesses
Cloud services are transforming business solutions globally and companies are leveraging technology to offer new and improved services across traditional and new channels. IBM has spent billions of dollars building its cloud business globally with a number of acquisitions in 2015 that include Clear Leap, Merge Healthcare Inc., Gravitant, Inc., StrongLoop, Inc., Blue Box Group, Inc., Explorys, etc.
According to IDC, the cloud IT Infrastructure Market was forecast to grow 24% year over year in 2015 to $32.6 billion, driven by Public Cloud Datacenter expansion. For the five-year forecast period, IDC expects that cloud IT infrastructure spending will grow at a compound annual growth rate of 15.1% and will reach $53.1 billion by 2019. The research firm also predicts that cloud software will grow to surpass $112.8 billion by 2019 at a compound annual growth rate of 18.3%. Furthermore, IDC’s report states that SaaS delivery will significantly outpace traditional software product delivery, growing nearly five times faster than the traditional software market. According to IDC estimates, the cloud software development model will account for $1 of every $4.59 spent on software by 2019.
Read More: http://www.forbes.com/sites/greatspeculations/2016/01/04/how-ibm-cloud-can-boost-its-revenues/
The company continues to focus on big data analytics and cloud computing services. This strategy is yielding results as the company is witnessing robust growth in revenues from these initiatives, especially in its Watson Analytics offering. Furthermore, its application offering is gain traction in the Software-As-A-Serivce (SaaS) market. In this article, we discuss key factors that contribute to our belief in IBM’s long-term potential in Cloud.
See our full analysis on IBM
Revenues From Cloud Services To Bolster GTS And GBS Businesses
Cloud services are transforming business solutions globally and companies are leveraging technology to offer new and improved services across traditional and new channels. IBM has spent billions of dollars building its cloud business globally with a number of acquisitions in 2015 that include Clear Leap, Merge Healthcare Inc., Gravitant, Inc., StrongLoop, Inc., Blue Box Group, Inc., Explorys, etc.
According to IDC, the cloud IT Infrastructure Market was forecast to grow 24% year over year in 2015 to $32.6 billion, driven by Public Cloud Datacenter expansion. For the five-year forecast period, IDC expects that cloud IT infrastructure spending will grow at a compound annual growth rate of 15.1% and will reach $53.1 billion by 2019. The research firm also predicts that cloud software will grow to surpass $112.8 billion by 2019 at a compound annual growth rate of 18.3%. Furthermore, IDC’s report states that SaaS delivery will significantly outpace traditional software product delivery, growing nearly five times faster than the traditional software market. According to IDC estimates, the cloud software development model will account for $1 of every $4.59 spent on software by 2019.
Read More: http://www.forbes.com/sites/greatspeculations/2016/01/04/how-ibm-cloud-can-boost-its-revenues/
Wednesday, 16 December 2015
3 key cloud trends for 2016
As the new year approaches, it's a good time to look forward to what the key trends will be, so we can take advantage of them thoughtfully and effectively.
Here are three key cloud trends I'm certain you'll see unfold in 2016.
Trend 1: The continued rise of cloudops
Cloudops is anything to do with operating systems in public or private clouds. It focuses on security, management, monitoring, and governance, as well as being proactive with how systems run over a long period of time.
Doing so means using predictive analytics to determine when performance will become an issue, or when you see patterns emerge that show the likelihood of a breach.
Trend 2: The continued explosion of containers
I've beaten the container horse to death in this blog, so I'm not going into the "what's a container" pitch (go here instead for the key container notions). They are growing in popularity because they push a commonsense approach to building new distributed applications in the cloud, as well as "containerizing" existing applications.
The good news is that containers are living up to expectations, including containers from Docker and CoreOS.
The bad news: There are still missing pieces, such as networking and security services, that need to be shored up before this stuff is completely enterprise-ready. Expect container technology providers and their partners to address most of the limitations in 2016.
Read More: http://www.infoworld.com/article/3014639/cloud-computing/3-key-cloud-trends-for-2016.html
Here are three key cloud trends I'm certain you'll see unfold in 2016.
Trend 1: The continued rise of cloudops
Cloudops is anything to do with operating systems in public or private clouds. It focuses on security, management, monitoring, and governance, as well as being proactive with how systems run over a long period of time.
Doing so means using predictive analytics to determine when performance will become an issue, or when you see patterns emerge that show the likelihood of a breach.
Trend 2: The continued explosion of containers
I've beaten the container horse to death in this blog, so I'm not going into the "what's a container" pitch (go here instead for the key container notions). They are growing in popularity because they push a commonsense approach to building new distributed applications in the cloud, as well as "containerizing" existing applications.
The good news is that containers are living up to expectations, including containers from Docker and CoreOS.
The bad news: There are still missing pieces, such as networking and security services, that need to be shored up before this stuff is completely enterprise-ready. Expect container technology providers and their partners to address most of the limitations in 2016.
Read More: http://www.infoworld.com/article/3014639/cloud-computing/3-key-cloud-trends-for-2016.html
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