Published on : Oct 14, 2020
A recent market research report published by ResearchMoz talks about the global cloud infrastructure market and its overall working dynamics. This report of the cloud infrastructure market offers comprehensive analysis, market shares, key trends, opportunities, and driving and restraining factors that are influencing the growth of the market. Along with in-detail market segmentation, the research report offers key insights and information that are imperative for devising decisive marketing strategies.
Cloud computing is the latest innovative solution for data storage. It typically consists of three modules – services as software (SaaS), infrastructure as a service (IaaS), and platform as a service (PaaS). Cloud computing is developing because of the increased spending in the ICT sector and the emerging trend of big data and analytics.
The concept of cloud infrastructure indicates to the hardware as well as software components such as virtualization software, servers, storage, and networking that are required for an ideal cloud computing model to function. Cloud infrastructure also involves a layer of abstraction of software that is able to virtualize resources and represent them to the end-users in a programmable fashion.
Virtualized resources are generally hosted through service provider or IT departments and are then finally delivered to the user via internet or a network. These virtualized resources involves a virtual machine that has different vital components such as load balancer, storage, network switches, firewall, servers, computer, and memory among others. In cloud computing architecture, which represents the both back end as well as the front end of the entire cloud computing environment, the cloud infrastructure is generally at the back end of the module.
Different business entities and organizations use cloud infrastructure so as to use cloud computing to carry out their day to day and routine work and continue their normal functions. Cloud infrastructures are generally accessed by using a pay-per-use model.
This model is unlike the regular payment structure that asks the user to subscribe to the services provided by the vendor for a fixed prices or a completely subscription based module. Instead of buying an entire cloud infrastructure from a service providers, companies can also develop their own cloud infrastructure. It is called as private cloud. When an organization uses parts from both private as well as public cloud, it is called as hybrid cloud.
Emerging Opportunities in Latin America and Asia Pacific to Help Change Market Dynamics
Using cloud infrastructure helps the companies to manage the conventional workload and data flow by deploying an open private cloud model. Organizations work towards delivering cloud generated interconnected and cohesive infrastructure as a service so as to develop new technologies, make new investments and upgrade to better position and capture them in the overall market. It is also used for improving overall manageability.
These cloud infrastructure services are typically used across all the major verticals such as financial services, manufacturing, banking, healthcare, telecom, and government among others. The adoption rate of the cloud infrastructure market across the globe in on a definite rise because of the improving rate of implementation in key regions such as Latin America, Middle East and Africa, and Asia Pacific.
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These cloud infrastructure modules allow huge scope in reducing operational costs, mobilizing data accessibility, continuity of business, cost reduction in purchasing physical storage devices, and on-demand operational scalability. Such factors are thus helping to drive the growth of the global cloud infrastructure market.
Some of the key companies operating in the global cloud infrastructure market are Hewlett Packard Enterprise Co., Dell, Cisco, EMC Corporation, IBM, Amazon Web Services, Salesforce, Alphabet (Google), Netapp, Intel Corporation, Lenovo Group, AT&T, Rackspace, and Oracle among others.