According to Ovum, the global public cloud services market is projected to reach $18 billion by the end of 2011 and will more than triple in size over the next five years – hitting revenue of $66 billion by 2016. Ovum says the market will see a compound annual growth rate (CAGR) of more than 29%.
Nice round numbers, aren’t they…
Meanwhile, Techaisle’s SMB Managed Services Report explains where a chunk of this demand for public cloud services is coming from – the SMB market. As reported by eWeek.com, the Techaisle report confirms that the SMB spend on public cloud services will grow in double-digits for the next several years. SMBs are projected to invest $7 billion on public cloud services in 2011, with future growth increments of $1 billion-plus annually. The research is based on a survey of 2,000 SMBs and 600 channel partners in the U.S.
This is a huge opportunity for the Managed Services Providers (MSPs). Especially the MSPs who can handle the growth in user demand that is coming their way. Today’s smart MSPs are using Data Center Infrastructure Management (DCIM) to manage their physical infrastructure for optimum efficiency and resource utilization – and prepare for the growth on the horizon.
High-quality public cloud services, superior customer service, and a stronger bottom line will best be achieved by MSPs who are using enterprise-class DCIM to ensure maximum efficiency (and profitability) in how their infrastructure is managed.
May the best MSPs win.