Tag Archives: Expected

Cloud services lift IT outsourcing market higher than expected

Companies signed IT and business process outsourcing deals worth a record $ 9.5 billion in annual contract value, according to the quarterly outsourcing index produced Information Services Group (ISG). Traditional outsourcing contracts were up 5 percent to $ 5.8 billion, … Continue reading

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IDG Contributor Network: Red Hat expected to rake in $2.4 billion in revenue this year

The king of Linux, Red Hat, continues its growth as a leading Linux vendor that’s betting big on the cloud. Yesterday, the company announced financial results for its second quarter of fiscal year 2017 ended August 31, 2016. The company … Continue reading

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Global public cloud market expected to hit $204B in 2016

The worldwide market for public cloud systems is projected to hit $ 204 billion this year, a 16.5% increase over the $ 175 billion market in 2015, according to analyst firm Gartner. “The market for public cloud services is continuing … Continue reading

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OpenStack Revenue Expected to Hit $3.3 Billion by 2018

New York (PRWEB) September 09, 2014 The OpenStack technology market, which is still in its nascent stage, will grow from $ 883 million in revenue in 2014 to $ 3.3 billion in 2018, as enterprises and vendors increasingly adopt the … Continue reading

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