According to the study “Cloud Computing in Europe:
Market Opportunity and Competitive Analysis”, Europe possesses
the most matured markets for cloud computing with leading players who implement
innovative technologies to provide best cloud computing services. With
increasing technology cloud computing solutions attract several new vendors to
enter the market who can contribute to the growth of the cloud computing market
size. The leading players in the European cloud computing services market are
AWS, IBM, Microsoft, Google, Salesforce, BT, T-Systems, OBS, Alibaba, Orange
Poland and Vmware.
Cloud computing is utilized in organizations
to manage their IT infrastructure with greater flexibility and reduces time
required for implementing various cloud-based technological solutions. There
is an increasing competition to provide innovative products and services within
the technological sector which adopt various IT frameworks. Cloud computing
helps various organizations to effectively manage multiple service requests
from a large number of customers. Cloud computing solutions also allow
enterprises to connect with their channel partners and stakeholders on a common
integrated platform that helps them to reduce IT expenditures, compels small
businesses to grow exponentially over a period of time. Cloud computing technology
helps organizations to effectively manage multiple services requests. The
increasing popularity of service-oriented architecture (SOA) is a key factor
that has a positive impact on the growth of the cloud computing market in
Europe.
Cloud computing services have a wide range of
applications such as virtual desktops, storage, servers, and development
platforms within the technology sector. Advanced Cloud computing services
promise more number of business opportunities while gaining popularity tremendously
across several sectors. European cloud computing market helps in the efficient
management of data, effortlessness processing and data storage in a particular
network. Cloud computing is a common storage space that helps all the devices to
access any related data linked to the network.
European cloud computing services enables employees
to access data and applications easily from their user devices. Cloud computing
services enable information technology capacities without the need for huge investments
in data centres because few data centres are unable to efficiently handle all
the IT requirements. Cloud computing services are accepted across several
industries which rely on information technology resources to perform their
daily work. European cloud computing services require initial investment and
maintenance which indirectly enable enterprises to optimize and streamline
their IT-based operations. European cloud computing services market is expected
to be highly impacted by the problems related to the availability and high
cost.
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