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Cloud MSP Services Market Update q2 2013


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Cloud managed services market size

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Cloud MSP Services Market Update q2 2013

  1. 1. Ephor Group | 1-800-379-9330 | | 5353 W Alabama Suite 300 | Houston, TX 77056 Cloud MSP Market Update
  2. 2. 1 Ephor Group | | 24 E. Greenway Plaza Suite 440 | Houston, TX 77046 Cloud MSP Market Update The cloud is a transformational change catalyst which is creating significant revenue opportunity for providers.  Cloud growth is on pace to outgrow traditional IT by 5X.  Cloud MSP services is on pace for $4B in 2014 (Total Cloud Spend 300B in 2014 and 500B by 2020 (Gartner & IDC). For business the cloud enables self-service, economies of scale, and infrastructure optimization. For IT cloud computing technologies reduce the capex IT investment costs that were once a barrier to market entry for many sizes and types of businesses further expanding the cloud market beyond large enterprises to a broader segment of organizations. Cloud management services constitute a new segment comprising cloud security services, IT operations management and storage management (including backup and recovery services). The segment is forecast to grow to $4 billion by 20141 and the global market for cloud computing technologies is growing at a CAGR of 24% over the next five years, with an aggregate of over $300 Billion over that period. 1
  3. 3. 2 Ephor Group | | 24 E. Greenway Plaza Suite 440 | Houston, TX 77046 Cloud MSP Solution Provider Landscape Snapshot While there are numerous IT consultants and integrators providing cloud infrastructure management, monitoring, setup, and optimization services in the USA2 ; of these professional service firms the market is grouped into several tiers. I. Global consulting & service providers which provide cloud solutions with greater than $1B in annual revenues. For a complete list visit the IAOP Top Global 100. II. Approximately 500 North American midmarket private companies whose focus includes Information Technology Cloud Managed Solution services with revenues between $5M and $100M of which approximately thirty (30) firms have credential experts and competency in both private and public cloud managed services. 2 System Center 2012 helps you manage your IT environments across traditional datacenters, private and public clouds, client computers, and devices.