Page 10 - CSAM2 - Successful Sales Engagement for Cloud Services
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Why is This Important?
• By end of 2015, cloud-based solutions will be growing at a faster rate than
on-premises solutions and 50% of all new application independent software
vendors (ISVs) will be pure software-as-a-service (SaaS) providers#
• From 2013 through 2016, $677 billion will be spent on cloud services worldwide*
o North America accounts for 59% & Western Europe 24% of that growth
• Over the 2013–2017, public IT cloud services will have a compound annual
growth rate (CAGR) of 23.5%
o Five times that of the industry overall
• More than one-third of IT budgets now spent on Cloud#
o Private cloud deployments are currently where the majority of information is stored in the cloud
(24%), and the trend will continue to dominate 18 months from now (33%)
o two-thirds of companies expect to increase cloud spending in the next 12 months
† IDC, 9th March 2012 # IDG Enterprise Cloud Computing Survey, Jan 2012
