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| IaaS appropriation is thriving |
Although software-as-a-service remains as the largest segment of the cloud computing market, infrastructure-as-a-service is becoming more massive as the years progress. Not only are a higher volume and greater diversity of companies beginning to use IaaS – they are also starting to expand upon their investments to take a more cloud-centric approach to IT management and service delivery, which is helping to usher in a new era of technological power.
With cloud-based infrastructure in place, businesses will almost always be able to more fluidly capitalize on trends as they emerge, reduce inefficient spending and strengthen the overall functionality of their technological frameworks. Reports indicate that IaaS will continue to be among the highest-growth areas within the IT sector for years to come, and decision-makers who have not yet embraced these solutions should consider the merits of doing so soon, or run the risk of losing an edge on the competition.
An update on the industry
Gartner recently forecast the IaaS market to expand by 32.8 percent to a size of $16.5 billion this year, and predicted the segment to see a 29.1 percent compound annual growth rate between 2014 and 2019. This makes it an extremely high-growth industry within the cloud computing sector, and one that has a lot of promise when it comes to further innovation and improvements to utilization among end-users.
"Cloud IaaS can now be used to run most workloads, although not every provider can run every type of workload well," Gartner Vice President and Distinguished Analyst Lydia Leong stated. "Cloud IaaS is not a commodity. Providers vary significantly in their features, performance, cost and business terms. Although in theory, cloud IaaS has very little lock-in, in truth, cloud IaaS is not merely a matter of hardware rental, but an entire data center ecosystem as a service. The more you use its management capabilities, the more value you will receive from the offering, but the more you will be tied to that particular service offering."
Interestingly, the analysts argued that the ways in which companies adopt and expand their IaaS solutions should be "bimodal" in nature, essentially ensuring that the implementation process is not disruptive and, once completed, the firm is already enjoying optimal functionality. Combining agile IT projects and general management – representing the two aspects of bimodal strategies – in an intelligent fashion can help to maximize the immediate and lasting benefits of IaaS investments.
Plenty more to come
The IaaS market will likely go through a wealth of transformations in the coming years, as vendors and developers work to perfect the technology in a short period of time and target emerging trends in corporate preferences and purchasing behaviors. For example, while purely public or private models were once the two most common approaches to provisioning, hybrid cloud and managed IT services are beginning to gain traction given their increased flexibility and agility.
Businesses should keep in the know regarding these progressions to ensure that they can capitalize on new opportunities as they are released.
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