Gartner Sees the End of the Traditional Sourcing Model, Rise of the Cloud

Gartner has been looking toward the future, and what it sees is a future in the cloud.
Gartner believes that service-led solutions – software as a service (SaaS), infrastructure as a service (IaaS) and platform as a service (PaaS) – will usurp more traditional sourcing methods by 2015.
IT companies will need to “bridge legacy offerings and new services” to pave a way to the cloud for service providers, according to an article on CloudComputingNews.net.
Cloud services appear to be growing at a much quicker rate than other segments of the IT services market. Hardware and software support will grow slowly compared to IaaS and BPaaS (business process as a service), which will grow 13.1% and 47.3% in 2013, according to Gartner.
“Growth opportunities certainly exist for service providers with life cycle solutions in relation to the Nexus of Forces,” noted Eric Rocco, Gartner managing vice president. “However, this requires IT services providers to adapt to significant changes, including the growing influence of business leaders in technology investment decisions.”

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