According to Gartner, Inc. the public cloud services market (worldwide) has projections of growth at 17.5% in 2019. This means there will be an increased total, going from $182.4 billion in 2018 to £214.3 billion in 2019.
With only a few months left of the year maybe it is time to reflect and see if your business has had cloud growth during 2019. Maybe if you haven’t put focus into this area, we highly suggest you should. The chart below details the expected growth of cloud business from 2019 – 2022. Take a look and get excited for the large opportunity to grow your cloud business!
Table 1. Worldwide Public Cloud Service Revenue Forecast (Billions of U.S. Dollars)
| 2018 | 2019 | 2020 | 2021 | 2022 | |
| Cloud Business Process Services (BPaaS) | 45.8 | 49.3 | 53.1 | 57.0 | 61.1 |
| Cloud Application Infrastructure Services (PaaS) | 15.6 | 19.0 | 23.0 | 27.5 | 31.8 |
| Cloud Application Services (SaaS) | 80.0 | 94.8 | 110.5 | 126.7 | 143.7 |
| Cloud Management and Security Services | 10.5 | 12.2 | 14.1 | 16.0 | 17.9 |
| Cloud System Infrastructure Services (IaaS) | 30.5 | 38.9 | 49.1 | 61.9 | 76.6 |
| Total Market | 182.4 | 214.3 | 249.8 | 289.1 | 331.2 |
BPaaS = business process as a service; IaaS = infrastructure as a service; PaaS = platform as a service; SaaS = software as a service / Source: Gartner (April 2019)
How can TBSC help?
TBSC is proud of our Smarter solutions for software asset management. We have developed a full-proof method to ensure you can provide your clients the helpful tools they need to make Smarter choices with their IT.
Our Smarter solutions gain you more cloud business through 4 easy steps:
- Discovery & Inventory — discover what your clients have before migrating to the cloud. We can help discover and take inventory of what your clients have, generating reports of target opportunities.
- Product Usage — explore what apps are used and not used. Assessing your client’s current application usage and can aid your client in determining what they need and use in order to move their business to the cloud.
- Migration — make the switch to cloud subscriptions. From EA to CSP, we can help get your client on the cloud.
- Managed service — manage your client’s subscriptions month to month to stay efficient, cost effective, and productive.
TBSC helps you stay competitive, up-to-date, and ensures you gain the best technology partnerships in order to grow your cloud business. For more information please contact a member of our sales team: [email protected] or visit our website: https://tbsc.cloud/