Managed hosting services are really a market that is booming right now, according to industry analysts. What is this option all about? Why are companies choosing it more frequently? Generally speaking, with public cloud, you are getting an environment that is significantly safer than what most organizations would be able to design on-premises – simply because of economies of scale.
- Cloud infrastructure growth rapid, with managed hosting a major component
- What is managed cloud hosting exactly?
- Why, specifically, do businesses choose managed cloud?
- Finally, did we mention that it’s safe?
Cloud infrastructure growth rapid, with managed hosting a major component
An August 2015 report by Research and Markets found that the market for infrastructure-as-a-service was set to hit $109 billion last year. It was projected to almost double by the end of the decade, reaching $206.9 billion. According to this analysis, each of the industry’s segments will contribute to the growth, with the largest source of revenue coming from the manufacturing and finance industries during that fast expansion. Many customers of cloud infrastructure companies will use managed hosting services, according to the forecast – which will result in a breathtaking compound annual growth rate for managed cloud of 16.2% through 2020.
As seen in those statistics, firms are turning to these hosting plans in greater numbers. They are able to use these plans to establish enterprise-grade computing systems that are based on operational rather than capital expenses. Like traditional legacy systems stationed on-premises at companies, this infrastructural option can be used to achieve all of the business’s digital needs, such as service delivery and collaboration, leveraging the speed and reliability of cloud.