- Published: March 2012
- Region: Global
Cloud Computing - In the Eye of the Storm
- ID: 2212430
- August 2012
- 13 Pages
MULTI-BILLION DOLLAR MARKET – NOW IN NASCENT STAGE
Forrester Research predicts that the global Cloud Computing market will grow from $ 40.7B in 2011 to $ 241B by 2020. Both Gartner and Merrill Lynch’s (Bank of America Merrill Lynch’s) research predict the Cloud Computing market will be worth $ 150B - $ 160B by 2013. Forrester’s prediction stands at a more modest below $ 100B USD for 2013. Most market forecasts are that the total cloud services market will reach approximately $ 45-50B in revenue by 2013/2014, including the Bain forecast.
MERGERS AND ACQUISITIONS – PAVING THE ROAD AHEAD
The top 10 acquisitions in the cloud arena total over $ 13.7B. SAP A.G., the German software giant, heads the list with a planned acquisition of Ariba, a company which provides software solution for Procurement Management Process, for a whooping price tag of $ 4.3B. SAP also coughed up a neat $ 3.4B in February, 2012, for its acquisition of SuccessFactor, which provides software for Human Resource Management. Oracle acquired Taleo, provider of Talent Management and Recruitment software, for $ 1.9B in 2012, in succession of its $ 1.5B acquisition of RightNow in 2011, which provides software for Customer Relationship Management. VMWare is planning to be an early player in the SDN (Software Defined Networking) arena by acquiring Nicira for $ 1.2B. Verizon, a telecommunication company also entered the fray with the acquisition of Terremark, which owns multiple advanced datacenters, for a cool $ 1.4B.
COMPANIES TO WATCH
Cloud Delivery Models
Future And Investment Opportunities
Companies To Watch