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IaaS, PaaS Drive Cloud MarketIaaS, PaaS Drive Cloud Market

Cloud revenue increased 25% over the last four quarters, with most enterprises spending on IaaS and PaaS, according to a report from Synergy Research Group. Hosted private cloud and SaaS also helped drive the market.

Scott Ferguson

January 10, 2017

3 Min Read
IaaS, PaaS Drive Cloud Market

Lost amid the torrent of announcements from CES last week, new research finds what many have come to realize: The pace of cloud computing adoption is accelerating and it's expected to speed up even more in 2017.

The global cloud computing market brought in about $148 billion in revenues for various vendors that are offering public, private and hosted cloud technologies, over a four-quarter time period that ended in September 2016, according to a report from Synergy Research Group Inc.

About the Author(s)

Scott Ferguson

Managing Editor, Light Reading

Prior to joining Enterprise Cloud News, he was director of audience development for InformationWeek, where he oversaw the publications' newsletters, editorial content, email and content marketing initiatives. Before that, he served as editor-in-chief of eWEEK, overseeing both the website and the print edition of the magazine. For more than a decade, Scott has covered the IT enterprise industry with a focus on cloud computing, datacenter technologies, virtualization, IoT and microprocessors, as well as PCs and mobile. Before covering tech, he was a staff writer at the Asbury Park Press and the Herald News, both located in New Jersey. Scott has degrees in journalism and history from William Paterson University, and is based in Greater New York.

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