Industry Updates

June 16, 2011

Cloud IT service providers to share billion dollar payout

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Businesses believe they lack in-house skills to develop cloud and will instead pay third party specialist to build and integrate hosted IT.

Research from IDC shows that spending on cloud IT services was $560 in 2010, a figure that will be dwarfed as businesses ramp up their cloud plans and peaking in 2015 when outlay on external expertise will reach $8.2 billion.

The majority of businesses will blend public and private with their in-house IT, and the complexity of integrating and managing these disparate sources is what will drive businesses to seek the help of third party cloud specialists according to IDC.





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