|[January 17, 2013]
Research and Markets: Global Government Cloud Computing Market 2012-2016 Report Featuring Players IBM Corp., Microsoft Corp. and Oracle Corp.
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/zlqhq2/global_government)
has announced the addition of the "Global
Government Cloud Computing Market 2012-2016" report to their
TechNavio's analysts forecast the Global Government Cloud Computing
market to grow at a CAGR of 6.2 percent over the period 2012-2016. One
of the key factors contributing to this market growth is the need for
reduced total cost of ownership. The Global Government Cloud Computing
market has also been witnessing the emerging hybrid approach to cloud
solutions. However, increasing concern about data security could pose a
challenge to the growth of this market.
The key vendors dominating this market space are Amazon.com Inc. Google (News - Alert)
Inc., IBM Corp., Microsoft Corp., and Salesforce.com Inc.
The other vendors mentioned in the report are Cisco Systems, NetSuite
Inc., Oracle Corp., Rackspace Inc., Verizon Communications Inc., VMware
Inc., ATandT Corp., CA Technologies (News - Alert) Inc., and Infor Global Solutions.
Commenting on the report, an analyst from TechNavio's Enterprise
Computing team said: ''One of the major trends being witnessed in the
Global Government Cloud Computing market is the increased adoption of
the hybrid model for the deployment of cloud-based solutions. The cloud
computing vendors are providing capabilities to deploy enterprise
network resources into the public and the private clouds. The public
cloud provides government organizations with much-needed elasticity and
reduced cost of running these applications. Also, the public cloud
approach does not have the same capabilities for control and compliance
as offered through the private cloud architecture model. Thus, many
organizations are embracing a hybrid cloud approach to utilize benefits
offered by the private as well as public cloud models. Thus, the Global
Government Cloud Computing market is witnessing a trend where many
vendors are offering a hybrid model for utilizing cloud infrastructure
According to the report, one of the major drivers in this market is the
need for reduced total cost of ownership. With cloud computing, the risk
and resource requirements associated with the responsibility for
continuous operation, backups, updates, and infrastructure maintenance
is shifted from internal IT to vendors or service providers.
For more information visit http://www.researchandmarkets.com/research/zlqhq2/global_government
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