The 451 Group's Market Monitor Projects Platform as a Service/Storage to grow to a $988M market in 2013

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Platform as a Service clouds are often touted as the way workloads are going to be developed and supported in the future. In spite of the market hype, actual service revenues are rather modest, but are expected to grow at an impressive compound annual growth rate of 84% from 2009 until 2013

Research Manager for Quantitative Services, Greg Zwakman, has published a report on the Cloud Computing Platform as a Service (PaaS) market that projects a 84% growth rate from 2009 to 2013. The PaaS market is expected to produce revenues of $988m in 2013. Reports such as this one are available to subscribers of The 451 Market Monitor: Cloud Computing service and are also for sale to non-subscribers.

The PaaS market is much touted but current revenue levels are modest with a handful of players dominating the current landscape. However, the market is still in an embryonic state and as the sector evolves and customers gain exposure to different models, the PaaS marketplace, and the vendor leader board will certainly shift.

The most commercially successful PaaS offerings to date have been based on a central application providing a critical mass of users; to which other smaller applications attach themselves. However, stand-alone vendors looking to differentiate themselves through superior service levels have emerged to challenge their larger rivals.

Vendors in this analysis include Salesforce.com [CRM], Intuit [INTU], Google [GOOG], Engine Yard and Long Jump.

About 451 Research

451 Research is a business unit of The 451 Group and is an independent technology-industry analyst company focused on the business of enterprise IT innovation. The company's analysts provide critical and timely insight into the market and competitive dynamics of innovation in emerging technology segments. Clients of the company - at vendor, investor, service-provider and end-user organizations - rely on 451 Research's insight to support both strategic and tactical decision-making for competitive advantage.

The 451 Group operates 451 Research, Tier1 Research and The Uptime Institute. Tier1 Research is an independent division of The 451 Group that analyzes the financial and industry implications of developments impacting public and private companies within the hosting, communications and Internet infrastructure sectors. The Uptime Institute provides education, publications, consulting, certifications, conferences and seminars, as well as independent research and thought leadership for the enterprise datacenter industry and for datacenter professionals. The Uptime Institute's datacenter engineering and management consulting arm, Uptime Institute Professional Services - formerly known as ComputerSite Engineering - helps clients develop and execute solutions that are responsive to their unique business needs in order to ensure that their datacenters are managed for uninterruptible uptime over sustained periods.

The 451 Group is headquartered in New York, with offices in key locations including San Francisco, Washington, D.C., London and Boston.

For additional information on The 451 Group or to apply for trial access to its services, go to: http://www.the451group.com or http://www.tier1research.com.

For additional information on The Uptime Institute and its services, go to http://www.uptimeinstitute.org.

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DAN KUSNETZKY
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