Industry Analysis & Industry Trends
The Cloud Computing industry includes companies that host computing applications or data processing online. Key services offered in the industry include business process management and data processing, application service provisioning, data storage and management, IT support and network management, website hosting as well as wide variety of other services. Cloud computing has incredible growth potential as it is still in its infancy. Drivers of cloud computing are all things internet and internet-enabled. The adoption of a cloud-computing model is used for achieving economies of scale, enhancing information sharing speed and developing new services. In 2013-14, the industry is expected to generate £7.6 billion in revenue. This will be a 10.9%... purchase to read more
Industry Report - Industry Key Buyers Chapter
The UK Cloud Computing industry is estimated to have a low level of market concentration in 2013-14. The largest player, Amazon, is estimated to earn only 3.7% of total industry revenue and the four players, which are expected to have the largest market share in the UK in 2013-14 are expected to have about 11% of revenue. The industry is highly competitive and fragmented. A large number of major IT, telecommunications and media companies have developed types of cloud services that are available in the UK industry. Additionally the industry contains a large number of small companies that may have traditionally offered small scale hosting services and have naturally moved into cloud technology... purchase to read more