State of the Market

Enterprise Cloud Services – Annual Report 2015: “Contracting Remains Cloudy”

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Introduction

With enterprises increasingly realizing the potential of cloud services in terms of business agility and operational efficiency, it has become an integral part of global services engagements, and its adoption has hit a “steady state”. However, cloud adoption is not turning out to be completely smooth sailing for enterprises, as significant concerns around cloud contracting transparency, security, and vendor lock-in continue to persist.

This research provides fact-based trends impacting the cloud services market. It analyzes multiple aspects of the market, such as overall cloud service market size and growth estimates, deal size, cloud deployment trends, buyer adoption trends, and outlook for 2015-2016. Buyers will gain by understanding these trends and evolving their sourcing portfolio accordingly. Service providers will benefit by aligning their strategy to cater to these trends.

Key Market Trends