Knowledge Library

Curated by BPI Network staff

Facts and Stats

Nov 29, 2016
The IaaS/PaaS markets are often dubbed the "cloud infrastructure" market. IaaS spending -- fueled by the growing need for remote computing power and storage -- could rise from $38 billion this year (2016) to $173 billion in 2026, according to Forbes.
The Motley Fool *

Nov 29, 2016
Spending on PaaS, which is often overshadowed and merged with IaaS solutions, could hit $7.5 billion by 2020 as developers create more applications within the cloud, according to Global Industry Analysts. 50 percent of PaaS spending could be focused on the Internet of Things (IoT) market by 2020, according to Gartner.
The Motley Fool *

Nov 29, 2016
According to RightScale, 31 Percent of enterprises run over 1,000 VMs in the private cloud, compared to 22 percent last year.
The Motley Fool *

Nov 29, 2016
The biggest challenge for the cloud market today is a lack of resources and expertise, according to RightScale. 32 percent of respondents felt that their IT departments were poorly equipped to handle the growing workloads in the cloud, compared to 27 percent in 2015.
The Motley Fool *

Nov 29, 2016
The average company uses about 1,427 cloud-based services, according to Skyhigh Networks.
The Motley Fool *

Nov 28, 2016
Bain predicts that by 2020 annual revenues could exceed $470B for the IoT vendors selling the hardware, software and comprehensive solutions.
Forbes *

Nov 28, 2016
McKinsey estimates the total IoT market size in 2015 was up to $900M, growing to $3.7B in 2020 attaining a 32.6% CAGR.
Forbes *

Nov 22, 2016
As many as 100+ companies will contribute to the development of Smart Cities in India, including power solutions, realty and infrastructure, and technology companies.
PR Newswire *

Nov 15, 2016
Marketing budgets (including paid media advertising) increased from 11% of company revenue in 2015 to 12% of revenue this year. 57% of marketing leaders expect marketing budgets to rise further in 2017.
CIO *

Nov 09, 2016
Data production will be 44 times greater in 2020 than it was in 2009.
Forbes *