2. WHAT IS CLOUD COMPUTING Infrastructure as a Service Platform as a Service Storage as a Service ERP BI CRM Applications ERP Custom Database Identity Synchronization Messaging File Other
4. MARKET OPPORTUNITY “ When I think of “Cloud Computing, I think of it as the ability to dream software solution dreams.I then think of rendering it in a language of my choice.And finally, being able to somehow magically "push" code into the "Internet Cloud", without fore-knowledge or regard for any of the layers underlying my code (DBMS, OS, connectivity or Computer)… The leading vendors are Google, Facebook, Amazon.com, and Salesforce.” CIO, Global Retailer Source: IDC – Worldwide Software on Demand Forecast 2008-2012 “ Cloud Computing is emerging at the convergence of 3 major trends – Service Orientation, Virtualization and On Demand Computing.” Gartner June ‘08 “ Cloud computing is reshaping the IT marketplace, creating new opportunities for suppliers and catalyzing changes in traditional IT offerings. Over the next five years, IDC expects spending on IT cloud services to grow almost threefold, reaching $42 billion by 2012 and accounting for 9% of revenues in five key market segments” IDC Oct 20th ‘08