The end of the year typically brings about a frenzy of news, reviews and forecasts about the next year, and rightfully so one of the top industry predictions for 2015 relate to the Cloud.
According to IDC, “the global cloud market, including private, public and hybrid clouds, will hit $118 billion in 2015 and crest at $200 billion by 2018. If the market shows that much growth next year, it will mean a 23.2% rise over the $95.8 billion market it reached in 2014.”
Industry analysts and pundits have speculated about the major growth areas of the cloud in 2015 and a majority of the predictions relate to hybrid cloud and security. These no doubt are key areas in the cloud, but are not the only factors that will lead to growth. The cloud is a complex framework and an industry that is driven by multiple drivers and has multiple complex pieces of framework that make it work. To understand the overall growth of the industry it is important to look at all the factors that affect the cloud overall.