Public Cloud Market Continues to Grow, Report Suggests As cloud computing continues to be prevalent in the news and discussion boards across the business sector, more companies are expecting to migrate to cloud-based services to increase productivity and cut costs. According to a recent report by the research firm Ovum, the global public cloud market is forecast to see sales reach $66 billion by 2016.
North America is expected to continue dominating the market as more businesses throughout the continent seize the opportunities and benefits that the cloud provides. According to the study, North America will account for 50 percent of the market sales and grow from a $10 billion industry to $33 billion.
Additionally, Software-as-a-Service's share will be reduced from 87 percent of the cloud market in 2011 to 62 percent in 2016. This is because Infrastructure- and Platform-as-a-Service will grow from 9 percent and 5 percent to 23 percent and 16 percent, respectively.
As more agencies realize the advantages of the cloud, the dentistry industry can also benefit from its implementation. By having the latest updates of software automatically installed, small businesses won't have to worry about maintaining some of their IT assets or that certain aspects of their operations aren't as up to date as others, according to Dental Economics.