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Public cloud market ready for 'hyergrowth' period

Sharon Gaudin | April 25, 2014
The public cloud market is set for what one analyst firm calls 'hypergrowth.'

Forrester today also said it's projecting that the U.S. tech market will grow by 5.9% in 2014 and 6.6% in 2015.

Bartels told Computerworld that part of the increased spending will be on cloud technologies.

"Part of the story with the cloud is that it has a delaying effect on the type of spending we'll be seeing," he added.

"Instead of committing capital up front by buying servers or other hardware, you're paying into the future with the cloud. When you go with a SaaS vendor, typically it's a three- or five-year commitment. As the cloud becomes more common, it reduces near-term spending and increases long-term spending," he added.

 

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