According to IDC New Zealand, revenue from public cloud service providers grew 30.1 percent year-on-year and reached only $ 1 billion in 2018.
Software as a Service (SaaS) revenues, followed by Infrastructure as a Service (IaaS) revenues, continue to be the largest contributor to cloud services revenue in 2018.
However, Platform as a Service (PaaS) was the only primary market to increase its growth rate in 2018 compared to 2017. PaaS sales grew by 45.6 percent in 2018 over the previous year.
Chayse Gorton, market analyst for IT services in A / NZ, said that the adoption of PaaS is growing as companies increasingly use cloud-native application development processes.
To enable cloud-native application development platforms, companies are increasing spending on application development and delivery platforms.
Many companies are purchasing PaaS solutions from their existing IaaS provider, she said.
This trend is putting pressure on lesser-established IaaS vendors as organizations try to transition to PaaS in the future.
Companies are increasingly looking for PaaS solutions with specific features. For example, IDC predicts analysis and artificial intelligence and data management capabilities.
These two secondary markets already account for 62.9 percent of PaaS sales in 2018.
IDC predicts that PaaS will gain market share in public cloud services as more and more companies rely on cloud-native application development processes. In particular, PaaS, which can provide certain functions, is in high demand from technology buyers.
In order to be successful in the PaaS market, it is therefore not enough to rely on existing IaaS customers. Instead, providers need to add innovative features to their platform.
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(tagsToTranslate) Cloud (t) SaaS (t) ias (t) IDC (t) Analysis (t) paas