Frost & Sullivan: Australia's Infrastructure as a Service (IaaS) market to grow rapidly at a CAGR of almost 50% until 2018

Frost & Sullivan: Australia's Infrastructure as a Service (IaaS) market to grow rapidly at a CAGR of almost 50% until 2018 PR Newswire SYDNEY, September 10, 2012 - Low barriers to entry, local data centre presence and cost benefits key drivers of IaaS adoption SYDNEY, September 10, 2012 /PRNewswire/ -- The adoption of cloud computing in Australia is experiencing robust momentum with increasing awareness of cloud computing driving an influx of market participants as telecommunications providers, traditional IT companies and pure-play cloud vendors offer various cloud solutions. Frost & Sullivan's latest report, Australian Infrastructure as a Service Market (IaaS), published in September 2012, indicates that many organisations, ranging from large organisations to SMBs, are moving beyond considering just the initial cost savings that are on offer by adopting cloud-based solutions, to also recognising the increased agility and scalability that adoption offers. "Most of the large organisations in Australia have now deployed a private cloud environment and many are considering or have begun implementing an increasing number of mission critical workloads in the cloud," says Mayank Kapoor, Industry Analyst, Datacenter and Cloud Computing, APAC ICT Practice, Frost & Sullivan. Despite the benefits of cloud, many IT departments are still reluctant to move to the cloud.