Public cloud services market to hit USD 260 bln this year

Friday 13 October 2017 | 13:37 CET | News
The global public cloud services market us set to reach sales of USD 260.2 billion this year, up 18.5 percent compared to USD 219.6 billion in 2016, according to a report by Gartner. Software as a service (SaaS) revenue is expected to grow 21 percent to reach USD 58.6 billion at the end of 2017, with providers increasingly delivering nearly all application functional extensions and add-ons as a service. Strategic adoption of platform as a service (PaaS) offerings is also outperforming previous expectations and is set to rise to USD 11.4 billion from USD 9.0 billion. However, the highest

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Categories: Fixed / IT
Companies: Alibaba / Amazon / Microsoft / Oracle / SAP
Countries: World
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