Managed Hosting News 
Friday, 16th December 2011, 14:07:08
Virtualisation markets 'to reach $3.5 billion by 2016'
The latest figures about cloud computing and virtualisation technologies have shown that the global enterprise social collaboration market will reach $3.5 billion (£2.24 billion) by 2016.
Cloud services registered 51.7 per cent year-on-year growth to reach $898.6 million in 2010 and it is expected that this figure will continue to rise this year and over the next four years.
According to ABI Research, positive social media experiences may have encouraged internet users to opt for cloud solutions.
Dan Shey, practice director mobile services at the research facility, said: "Mobility is emerging as a key functionality across all platform offerings. Vendors realise the cloud is a powerful facilitator for application mobilisation and federation across multiple devices compared to premises-based solutions."
He added that smaller companies are integrating more with social media services, which will sit well with cloud systems and bridge gaps between communication and market needs.
ABI Research's new study Enterprise Social Media and Content Management Systems looks into the trends occurring in the small business market and how social collaboration with cloud computing can improve day-to-day business practices.
Its forecasts took into consideration these current trends and past figures for the five world regions, including the US and Canada.
"Smaller vendors are building solutions with compelling 'social' features that can integrate well with SharePoint, bridging significant solution gaps and addressing critical market needs," Mr Shey added.
Predictions from the International Data Corporation stated that the IT industry's next dominant product will be built on mobile computing, cloud virtualisation and social networking solutions.
Frank Gens, senior vice president and chief analyst at the company, said that the "third platform" will become a large player in the online markets of businesses and their practices.
He also commented that high-stakes investment from businesses into virtualisation technology providers will result in a battle between web hosting firms.
Posted by Judy Gifford
Let Hostway help you create your own Private Cloud using VMware vSphere4™ technology
Categories: | Virtualisation / The Cloud |
Related Headlines:
14-12-2011: Cloud computing 'set to replace other forms of IT'
08-12-2011: Cloud technologies 'to become best investment in 2012'
30-11-2011: Security for cloud computing 'is just as reliable'
30-11-2011: Virtualisation 'is not without challenges'
28-11-2011: Virtualisation 'acts as an enabler to technologies'
Previous Headlines:
16-12-2011: Hull named the ecommerce capital of England
16-12-2011: Kasperky Lab launches information portal
16-12-2011: Festive ecommerce sales 'flatlining with no UK growth'
15-12-2011: Shoppers 'order early to avoid late deliveries'
15-12-2011: Domain name errors 'are a security risk'
Meet the News Team...
CALL: 0808 180 1880
or just email our Sales Team if you have any questions about any of Hostway’s services.
News Categories:
Read the latest headlines from these selected categories...
News Archives:
Previous headlines...
* All prices exclude VAT where applicable. All plans, packages and offers are subject to terms and conditions of sale available on the site.
© Hostway Corporation. All rights reserved.
A global web hosting leader, Hostway has strategic locations in the United States and Europe, including the Netherlands, Belgium, France, Romania and Germany, as well as Korea, India, and Australia.
