Cloud Services Spending to Reach $195 Billion in Four Years

International Data Corporation (IDC) projects that global revenue from public cloud services will surpass $195 billion by 2020, more than doubling this year’s forecast of $96.5 billion. The new figures, part of IDC’s Worldwide Semiannual Public Cloud Services Spending Guide, represent a compound annual growth rate of 20.4 percent over 2015-2020. Also, IDC expects that revenue from Infrastructure as a Service and Platform as a Service will increase at a faster rate than revenue from Software as a Service. Media, telecom and retail will experience the fastest revenue growth. Continue reading Cloud Services Spending to Reach $195 Billion in Four Years

Amazon, Microsoft Lead Boom in Cloud Services for Enterprise

As big companies such as General Electric and Netflix close down their data centers and move operations to the cloud, Amazon and Microsoft are enjoying rising revenues in their cloud operations — and increasing competition between each other. In the process, they’re also gaining dominance over rivals including Google and IBM. Recently, GE has reported whittling down its reliance on data centers from 34 to four. Netflix closed its last data center at the end of last summer. Continue reading Amazon, Microsoft Lead Boom in Cloud Services for Enterprise

HPA Tech Retreat: Next-Gen Cloud and Production Workflows

Erik Weaver of the Entertainment Technology Center (ETC@USC) moderated an HPA Tech Retreat panel on “Cloud Demystified: Understanding the Coming Transformation from File- to Network-Based Workflow.” Panelists included DigitalFilm Tree’s Guillaume Aubuchon and Dolby Laboratories’ Christine Thomas. Weaver described ETC’s Project Cloud, which brings together media and cloud-resource leaders to develop guidelines and accelerate innovation and adoption of next-gen cloud-based content creation and production tools and processes. Continue reading HPA Tech Retreat: Next-Gen Cloud and Production Workflows

CES 2014: Public and Private Cloud Solutions to be Featured

At the Consumer Electronics Show next week, we expect to see a host of companies, large and small, offering backend cloud integration services. These range from the startup Active Video, with its signature HTML5-powered Cloud TV app, to the publicly-traded prime mover Akamai, offering its Terra enterprise solution. In recent months, we have reported significant cloud-related news from major players such as Amazon, Google, Oracle and Verizon. We anticipate this wave to continue in Las Vegas. Continue reading CES 2014: Public and Private Cloud Solutions to be Featured

Google Gets Serious About Public Cloud: Previews New API

In December, Google made its IaaS (infrastructure-as-a-service) Google Compute Engine (GCE) available as a full-fledged commercial service, after testing it in preview mode for more than a year. Last week, the company introduced its new Billing API as an easier way for developers to monitor and analyze how much running an application on the Cloud Platform costs. According to Google, the Billing Export offers a new means of accessing usage data, and is available in preview. Continue reading Google Gets Serious About Public Cloud: Previews New API

Verizon to Launch Public Beta of Cloud Platform This Year

Verizon is planning to roll out a public beta of its Verizon Cloud “Infrastructure as a Service” platform and cloud-based object storage in the fourth quarter of this year. Verizon Cloud, which includes two primary components — Verizon Cloud Compute (the IaaS platform) and Verizon Cloud Storage (an object-based service) — will target enterprises, mid-size companies and development shops. The launch will initially involve a few hundred new users per month. Continue reading Verizon to Launch Public Beta of Cloud Platform This Year