Australian cloud services revenue to hit $2 billion in 2015

Australian cloud services revenue to hit $2 billion in 2015

IT services market continues to evolve to include mobile applications, new mobile devices, wireless broadband, and the explosion of big data tools

Cloud services revenue in Australia is forecast to increase from $470.3 million in 2010, to $2 billion in 2015, according to an analyst firm, IDC.

This represents a compound annual growth rate (CAGR) of 34 per cent. The forecast looks specifically at revenue from five major categories of public IT cloud services including applications; application development and deployment; systems infrastructure software; basic storage and servers.

IDC’s APEJ Cloud End-User Survey 2011 revealed 20.6 per cent of respondents are currently using cloud computing, 32.4 per cent are planning to use it within the next 6 to 12 months and 41.2 per cent after 12 months. The survey covered Australian SME and enterprise organisations.

It also indicated 29 per cent of respondent were using or planning to use a virtual private cloud (vPC).

The analyst firm views the cloud services model as one core ingredient in what it describes as an emerging third platform for growth in the industry. This third platform’s core ingredients involve mobile devices and apps; cloud services replacing the client/server model as new architecture for solution delivery; and mobile broadband including 4G and beyond.

It highlighted two important technologies creating value on top of this foundation including “big data” analytics and social technologies.

"The overall IT services market is certainly evolving in multiple ways, most notably by the rapid emergence of cloud-enabled, and cloud-amplifying technologies such as, the ever-expanding ‘species’ of mobile applications, new mobile devices, growing availability of wireless broadband, and explosion of big data tools”, IDC senior services market analyst, Raj Mudaliar, said.

There is a sizable opportunity to provide professional services based on cloud assessment, planning, workload migration, security best practices, governance, and test case procedures, Mudaliar said.

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Tags mobile devicesIDCcloud services

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