Each month we round up some of the biggest cloud computing news stories from around the world and bring them together into one article for you. Here are the top stories from the last few weeks.
Small businesses are doubling profits by switching to cloud computing
A new study, conducted by Exact and Pb7 Research, has been released detailing how small businesses are successfully using the cloud. It shows that those who remain skeptical of the cloud might be missing out on some golden opportunities to expand their businesses and earn a lot more money.
One of the key findings of the study was that small businesses that adopted the cloud actually doubled their profits, while at the same time seeing 25% additional revenue growth.
Considering some of the uncertainties companies have registered about cloud computing, to see such impressive results was unexpected. Surprisingly, according to the study, security was actually the largest reason small businesses wanted to implement cloud software in the first place.
Based on these findings, it’s clear that small businesses that use the cloud are not only figuring out the best ways to use it, they’re getting some highly valuable results from it. Read the full article on business.com here.
A roundup of cloud computing forecasts and market estimates
Forbes have put together a really useful roundup of cloud computing forecasts and market estimates. They have pulled together insights from the International Data Corporation (IDC), Forrester, Gartner, Ovum, Wikibon and others.
Key takeaways include:
- The global Software-as-a-Service (SaaS) market is projected to grow from $49B in 2015 to $67B in 2018
- Global infrastructure-as-a-Service (IaaS) spending is projected to grow from $23B in 2015 to $34B in 2018
- The Platform-as-a-Service (PaaS) market will grow from $1.7B in 2014 to $68.3B by 2026
- Cloud applications will account for 90% of worldwide mobile data traffic by 2019, compared to 81% at the end of last year
- 57% of IT architects and tech professionals are running apps on the Amazon Web Services (AWS) platform today
- The Economist found that the most mature enterprises are now turning to cloud strategies as a strategic platform for growing customer demand and expanding sales channels
- 46% of surveyed firms in the EU are using advanced cloud services relating to financial and accounting software applications, customer relationship management or to the use of computing power to run business applications
- 64% of small and medium businesses (SMBs) are already using cloud-based apps, with average adoption being 3 apps
- Gartner predicts that by 2020, about a quarter of organisations in emerging regions will run their core CRM systems in the cloud
- Worldwide spending on enterprise application software will grow 7.5% to reach $149.9B in 2015
To read the full article, click here.
UK broadband outperforms other major European markets
According to a report from telecoms advisory practice Analysys Mason, the UK remains well ahead of most European countries when it comes to broadband, and will continue to do so for the next five years.
As well as outpacing most of its European peers, the UK also compares well with the hyper-advanced broadband markets of Japan and South Korea, and is by some margin the most competitive market of all the countries featured.
In fact, when it comes to superfast broadband coverage, the UK is around three years ahead of the western European average, and by 2020 the analyst firm expects the UK will be ahead of the US and similar to Japan.
By 2018, it is predicted that 95% of premises will be able to access superfast broadband. This is, of course, great news for the cloud computing industry. As more and more businesses have access to reliable superfast broadband, they are provided with a very real opportunity to take advantage of the latest cloud software.
Read Computer Weekly’s full article here.
Google launches new US East Coast data centre
Google has unveiled a new data centre with three new zones in the US east coast region, adding South Carolina to Iowa, Belgium and Taiwan as its primary data centre locations. Google now has 13 available zones across four regions.
According to Jay Judkowitz, Google Cloud Platform senior product manager, the addition of the South Carolina location gives customers across North America the capability to build multi-region disaster recovery plans for their applications running on Google Cloud Platform.
Read more here.
Global venture capital investors are most confident in cloud computing
According to Deloitte’s 2015 Global Venture Capital Confidence Survey, cloud computing has dominated the technology investment sector for the third year in a row.
The survey assesses investor confidence in the global venture capital environment, market factors shaping industries, and investments on specific geographies and industry sectors.
With cloud computing gaining a confidence level of 4.18 out of 5 from the ten of the top investment firms from across the globe, it seems that the sector is still gaining momentum.
For key insights from the survey, please take a look at Forbes’ article here.
Personal cloud market to hit $90bn by 2020
The global personal cloud market is expected to top almost $90 billion (£58.5bn) in revenue by 2020, according to the latest forecast by Allied Market Research.
Key growth drivers between now and 2020 include flexible packages, affordable pricing structures, as well as increased security features.
Read more about this here.
How to win by moving to the cloud: Lessons from the movies
Last month, we also came across this great light-hearted article from Workfow Studios. They have pulled together some real-life made up examples from the movies to illustrate some of the ways migrating to the cloud can make work easier, more efficient and potentially help you take over the world!
For example, remember Enemy of the State? Well can you imagine if the scientist was able to upload the evidence he had accidentally recorded to a cloud server at his journalist friend’s news organisation? He would never have been hit by the fire engine when rushing to get a copy of the recording on a disk to his friend.
Admittedly, the film wouldn’t have been as exciting and Will Smith probably wouldn’t have got involved, but still, it proves how the cloud makes collaboration much easier!
Take a look at Workflow Studios’ full article here.
Do you have anything to add to this month’s cloud computing news? Leave your thoughts on this month’s stories in the comments below.
Cloud image courtesy of hywards at FreeDigitalPhotos.net