Hybrid cloud market to triple; micro-data centers are on the rise
The hybrid cloud market could nearly triple in size by 2021, according to new research from Markets and Markets. The firm estimates that the market will grow from its current valuation of 33 billion in 2016 to a value of nearly 92 billion by 2021. Disaster recovery is projected to be the fastest-growing market segment, while hybrid hosting is expected to have the highest market share.
“Can we trust cloud providers to keep our data safe?” BBC News asks this week. Despite the rise of public cloud platforms, less than 10 percent of the world’s data is currently stored in the cloud, BBC reports.
At 451 Research’s recent “Business of Cloud, Data Center and Hosting Summit,” analysts shared their prediction that micro-data centers will begin to play a crucial role at the edge of corporate networks over the next few years. “These will not just be virtual systems flown in to occupy a corner of a Software Defined Data Center (SDDC) environment, but self-contained physical systems in small containers of some kind — in effect, the data center in a suitcase or backpack,” Martin Banks reports in Diginomica.
Intel released a report this week indicating that the majority of IT budgets will focus on cloud over the next 16 months. Intel surveyed 1,200 IT decision-makers in Australia, Brazil, Canada, France, Germany, Spain, the U.K. and the U.S. A majority are planning on investing in infrastructure-as-a-service (IaaS), closely followed by security-as-a-service (SaaS).
Why is private cloud automation so hard to achieve? Cisco’s Joann Starke explains in a blog post published earlier this week.