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Some of the Major Vendors of Community Cloud Market are EMC, Amazon Web services, IBM and CSC.
(PRWEB) August 29, 2013
Browse 105 market data tables and 19 figures spread through 204 pages and in-depth TOC on “Community Cloud Market (By Components [Server, Storage Devices, Network Equipments], By Verticals [Healthcare, Finance, Government, Transport and Logistics, Gaming, Education]) - Global Advancements, Market Forecasts and Analysis (2013 - 2018)."
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Community cloud model has seen an increasing adoption rate in the cloud marketplace across different industries. The demand in capital market is continuously rising due to presence of huge amount of data which is being transmit, stored and computed for high performance computing. Community cloud vendors have already started targeting several organizations that are having similar mission centric requirements.
Moreover, MarketsandMarkets observes that huge investments are being made over research and development by majority of the market players to enhance network security and regulation issues in this market. The attraction for community cloud model has also risen due to the regulatory norms which are becoming increasingly stringent in industries such as capital industry, gaming industry and healthcare. The report segments technologies into hardware and software which are built around the cloud computing technologies such as server, networking and storage space. Therefore, the community cloud model has conceptual variation in terms of usage across different organizations in an industry.
MarketsandMarkets observed that currently there are over 200 companies addressing cloud market and government funded start-ups are emerging with community cloud model across the globe. The report covers comprehensive data on some of the major vendors of community cloud market. It includes EMC, VMware, Amazon Web services, IBM and CSC as the major players providing cloud computing service in this market. Amazon Web Service focuses largely on public sector and has launched GovCloud in year 2011 based on community cloud model which caters to U.S. federal government agencies. Also, AWS has shown interest in capital markets through FinQloud which provides infrastructure as a service (IaaS) to NASDAQ stock market.
EMC and VMware are majorly targeting capital market and healthcare industry. EMC and VMware leverages profit from capital market by supporting NYSE technologies who has recently established community cloud platform. NYSE technology provides this platform to other capital market organizations by sharing resources over cloud. MarketsandMarkets observes that through recent merger and acquisitions EMC has also strategically enhanced their big data applications, security and regulatory compliance applications over cloud. The community cloud market report includes portfolio comparison of major players which shows various product features and services currently available. MarketsandMarkets has observed that EMC and AWS are rated very close and have the fairly comprehensive product portfolio in this market.
The Community cloud market report covers five major applications, namely cloud backup and recovery, cloud-based storage, cloud security and data privacy, High Performance Computation (HPC) and analytics and web-based applications. MarketsandMarkets found that cloud-based storage application has the highest attraction in year 2013. This is due to increasing demand for storage space at demand side. Also, cloud vendors are currently focusing on providing infrastructure service stack than the software and platform service stack. MarketsandMarkets expects that over the period software stack will have high demand. Therefore, applications such as high performance computation and analytics will show high growth rate over the study period.
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