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Market Snapshot: PaaS

       • PaaS will grow 41% CAGR through 2016, generating 24%
          of total cloud revenue with IaaS predicted to reach 37%
          CAGR through 2016, generating 51% of cloud revenue.

       • By 2015, cloud-based solutions will be growing at
          a faster rate than on-premises solutions.

       • By 2015, 50% of all new application independent software
          vendors (ISVs) will be pure software-as-a-service (SaaS)
          providers #

       • Cisco estimate the worldwide IaaS service revenues to be
          $15.6 billion
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