Public IT cloud services in Australia.

Beyond a set of minor reluctances well framed related to the privacy and security; from enhanced productivity, via the scalability, performance, agility to the flexibility that offers the cloud computing, the benefits from this emerging technology are henceforth well appreciated.

The main challenge is value creation around this technology. 

Australian organisations and enterprises progressively embrace the emerging technologies: leverage cloud services, adopt advanced analytics, collaboration capabilities and experience the mobility experience. 

For those who unfamiliar, Public IT cloud services pertain to: (software as a service [SaaS], platform as a service [PaaS], and infrastructure as a service [IaaS]).

IDC believes that PaaS and Cloud Storage services will be the two fastest growing categories, driven by developer community adoption and big data-driven solutions. 

The 2015 release of the Australian Public IT Cloud Services 2014-2018 Analysis and Forecast report, (January 2015, Doc#AU250903) presents the market forecast through 2018 highlighting changes in the cloud market, the impact of cloud services on the traditional IT services markets, and discusses in depth the market forces driving increased cloud spend and more. 

IDC forecasts that the total public IT cloud services (software as a service [SaaS], platform as a service [PaaS], and infrastructure as a service [IaaS]) spending in Australia is forecasted to grow from A$909.2 million in 2014 to over A$1.7 billion in 2018, at a compound annual growth rate (CAGR) of 17.2%, about 8 times the growth rate of the overall IT services market.