The Global Cloud Security Software market is predicted to grow at a CAGR of 48% all the way to 2019. This data comes from “Global Cloud Security Software Market 2015-2019,” which has been put together by in-depth market analysis with word from industry experts. It would not be wrong to claim that cloud computing is the future. Cloud computing is storing data and programs through the internet rather than physically (hard drives, etc.). In summation, the cloud is simply accessing services over the internet.
According to Forbes Magazine, “55% of enterprises predict cloud computing will enable new business models in three years.” From just that statement, it would not see a surprise to see tons of enterprises switch over to large cloud investments in the future as reliance upon cloud technology grows. Many people are hoping that the cloud will help them initiate new business models, help streamline supply chains, and provide the tools necessary to manage data more efficiently.
According to an Oxford Economics and SAP study, there are four main points that must be considered when looking at the cloud market. These points were discovered when comparing a newer survey to one done years ago. Here are wha the four points state: first, top-line growth, collaboration among employees, and supply chain where cloud services will have the largest impact according to enterprises. Second, developing new products and services, new lines of business and entering new markets will be the three main uses of cloud services. Third, 58% of enterprises project that the use of cloud services will increase their revenue over the next three years. Finally, 67% of enterprises state that marketing, purchasing, and supply chain are already mostly cloud-based today.
As cloud technologies become more beneficial, and human need within firms become less necessary, IT has had more time to work on improving cloud services. CloudTech said this: “Orchestration is particularly effective in helping companies lower expenditures and maintain a sound ebb and flow of work in the IT department, which is why so many firms are looking to get a handle on this tricky matter.” The cloud will grow over the next couple of years and the demand in the market will also grow. Some even predict that in time all humans will be somewhat reliant on cloud services.
Gawk Inc (OTCMKTS:GAWK) is a company that offers a ton of cloud services and aims to provide the most reliable cloud service for businesses. Just as the cloud market is continuing to grow, so is Gawk, Inc. On November 17th, the company announced that its annual revenue would grow up to $6 million after the acquisition of Connexum. Here is what CEO Scott Kettle had to say: “This will mark the third acquisition by Gawk Inc (OTCMKTS:GAWK) within our strategy of growth through acquisition. Connexum’s robust position in the VoIP sector will nearly triple our revenue, make us a bottom line profitable company, and will give GAWK greater scope within our cloud-communication services.”