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Public cloud data management spending to surge

Rachel Wheeler

June 22, 2011

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Business spending on public cloud data management systems is set to surge by 2015, according to a new report.

IDC's "Worldwide and Regional Public IT Cloud Services 2011-2015 Forecast" report suggested that expenditure on public cloud services will grow almost four times faster than the rest of the IT market combined in the next four years.

It predicted that public IT cloud services spending will reach $72.9 billion 2015, compound annual growth of 28 per cent.

The firm also suggested that software as a service (SaaS) will account for 75 per cent of this spend.

"IDC's expectation is that public clouds will mature and eventually incorporate many of the capabilities - particularly security and availability - that make private clouds a more attractive option today," said Frank Gens, senior vice president and chief analyst at IDC.

Meanwhile the German government has announced it is to open a cyber defense center in response to the increasing threat to critical infrastructure from attacks.

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