June - 2015 - issue > CXO INSIGHT

The Hybrid Cloud is Coming of Age

Rajeev Chawla

CEO-CloudVelox

Monday, June 1, 2015

Forward

We've seen an outpouring of research validating the growing importance of the hybrid cloud as an operating model for organizations of all sizes. For example:

Research and Markets just published a report predicting that "the hybrid cloud market is expected to grow from $25.28 billion in 2014 to $84.67 billion
by 2019, at a Compound Annual Growth Rate (CAGR) of 27.3 percent from 2014 to 2019."

A recent study by Peer 1 Hosting has hybrid cloud adoption tripling by 2018.

In a Computer world article by Sharon Gaudin late last year IDC analyst Frank Gens predicted an increasing "hybrid movement" in 2015, that would be enough to boost the entire cloud market. In the same article Technology Business Research predicted 50 percent growth in hybrid cloud for 2015.

The growth rate is so significant that it is predicted to have a material impact on the once high growth enterprise (premise) data center industry.