Research Analysis on Public Cloud Market 2015-2025

Research Analysis on Public Cloud Market 2015-2025

Cloud services act as the storage or third party vendors where the data of organization is stored for various purposes. The stored data is then retrieved for analytical purposes. The public cloud domain denotes, the cloud services offered over a public network that can be accessed remotely. The biggest advantage of having the public cloud model is that organizations will have limited concerns regarding the storage and maintenance of data. The setup is off-premise and the architecture type is multi-tenant where a number of organizations share the computing space of the third-party vendor. SME`s will be gain more benefits as they outsource the storage and maintenance of their data to third-party cloud vendors and thus save a lot on capital investments in setting up infrastructure. Cost savings, rapid building, testing and lesser time-to-market the product has attracted a lot of businesses across various verticals to adopt the public cloud technology.

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Over the past decade, the software industry has witnessed massive changes. The deployment of cloud models by organizations being the foremost of them due to the stated advantages it offers. Highly scalable nature of businesses prompt them to opt for cloud based services as the data at storage centers can be scaled up and down as per the user requirements. Additionally, the pricing structure followed by the public cloud vendor’s model is generally pay-as-per-use. The organizations especially SME’s do not have to pay huge amounts in one go and thus makes it highly desirable for them to deploy public cloud model for their business operations. Core competency of businesses is maintained and hence allows them to stay competitive in this highly dynamic market.

Reduced operational costs and the plethora of solutions that are business specific offered from a single source are the primary drivers for the...

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