Enterprise call for IT Services on the Cloud

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As we move ahead on the cloud phenomenon, more and more IT related service delivery is likely to be done via the cloud model and the enterprise is looking forward to this.

Today’s future-ready enterprises are calling in for delivery of better IT delivery with the help of cloud model. And hence it is logical to infer that the next generation of IT Services will need to be remodeled around the Cloud.

Some experts estimate that change and opportunity to remodel the IT Services business around the Cloud is metaphorically as big as the Y2K business problem more than a decade ago which provided the launching pad for Global sourcing of IT to become a mainstream phenomenon globally as well as India.

Considering the situation of today’s IT managers, architecture approach for offering Cloud based services and some imperatives to comprehend on ways to respond to this change. And the rate the benefits commonly ascribed to the ‘cloud’ on-demand model - are

Pay only for what you use

Less in-house IT staff, cost

Low monthly payments

Encourages more standard IT

Delivers Speed and Reduced Cost

Drivers for Cloud

According to various analysts close to the It market, the current market size analysis of Cloud related services market for IT companies in 2012 to be anywhere between USD 25 Billion to USD 40 Billion minus the advertising revenue model, expected to grow at a cumulative CAGR now.

And most importantly, there are inside models within the cloud that are emerging and one such example would be of the cloud based advertising model. What is interesting to note is how advertising around Cloud is already and set to be largest component of revenue of Cloud based delivery. Irrespective of the fact, that this revenue stream can be tapped by IT Services Companies like how Google or Yahoo has mastered the art remains to be seen.