Cloud Computing Market Trends-Australia Perspective
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Australia is the Second largest market for Cloud Computing. A decline in the Australian Dollar value has led to an increased buying power ,most of which is expected to move into Cloud. This leads to the expectation of Australia’s Public Cloud Market growing at 15% CAGR from 2014 to 2017 .It has been observed that companies who use the cloud have bigger revenues, sales pipelines, and a stronger financial outlook.
![2 Copyright © 2014 HCL Technologies Limited | www.hcltech.com
10.3%
15.6%
15.1%
16.8%
2014 2015 [E] 2016 [E] 2017 [E]
MatureAsia-PublicCloudMarket
• Spending on information technology in Australia is forecast to
grow by 3% by 2017
• This increase can be attributed to the decline in the Australian
dollar throughout 2013 allowing for more buying power
Source – HCL Technologies estimates
AUSTRALIA: IT Offshore and Cloud Market Overview
• The Public Cloud market is expected to grow by 15.6% in 2015
• Australia's fast-follower culture leads to aggressive
consumption of cloud services per capita than other large
markets.
Source – HCL Technologies estimates
-1.0%
0.6%
3.1% 3.0%
2014 2015 [E] 2016 [E] 2017 [E]
ITSpendGrowthRate(Australia)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
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Cloud Computing Market Trends-Australia Perspective
- 1. Copyright © 2014 HCL Technologies Limited | www.hcltech.com The Cloud Market Overview Australia Perspective
- 2. 2 Copyright © 2014 HCL Technologies Limited | www.hcltech.com 10.3% 15.6% 15.1% 16.8% 2014 2015 [E] 2016 [E] 2017 [E] MatureAsia-PublicCloudMarket • Spending on information technology in Australia is forecast to grow by 3% by 2017 • This increase can be attributed to the decline in the Australian dollar throughout 2013 allowing for more buying power Source – HCL Technologies estimates AUSTRALIA: IT Offshore and Cloud Market Overview • The Public Cloud market is expected to grow by 15.6% in 2015 • Australia's fast-follower culture leads to aggressive consumption of cloud services per capita than other large markets. Source – HCL Technologies estimates -1.0% 0.6% 3.1% 3.0% 2014 2015 [E] 2016 [E] 2017 [E] ITSpendGrowthRate(Australia)
- 3. 3 Copyright © 2014 HCL Technologies Limited | www.hcltech.com • Australia is the second largest customers, second only to the US in their use of cloud computing services • Retail banking, media and entertainment, and local government are some of the Key verticals that are moving to cloud far more eagerly than their counterparts • Australian companies who use the cloud are believed to have bigger revenues, sales pipelines, and a stronger financial outlook AUSTRALIA: Key Trends and Requisites in the Cloud Market What Organizations are looking for in a Vendor • Simplicity through consistent solutions with local know-how • High-quality service for sufficient business continuity • Competitive pricing for cost-effectiveness • New partner ecosystems for effective support
- 4. 4 Copyright © 2014 HCL Technologies Limited | www.hcltech.com HCL Addresses these Changing Priorities SUSTAINABILITY HCL works on innovative ideas that benefit society at large. Through initiatives like Customer advisory councils. The Council has been recognized through several awards — including the Forrester Groundswell Award in the B2B category — for the trust it fosters between HCL and its customers. LOCAL STRENGTHS The Australian Human Resources Institute (AHRI) nominated HCL for the Fons Trompenaars Award for Innovation and Creativity for outstanding initiatives or programs that create and support a culture that stimulates innovation KEY SERVICES HCL offerings in Australia include IT outsourcing, offshore services, applications development and maintenance, Mobility Services, Internet of things, Cloud Computing, BPO, infrastructure management, colocation, data center services, software development and Support, engineering services, Business Intelligence and analytics. CLICK HERE TO KNOW MORE BUSINESS STRENGTHS • Subject Matter Expertise • High Quality Services • Cost Effective Solutions