{"id":95691,"date":"2017-10-16T12:40:27","date_gmt":"2017-10-16T01:40:27","guid":{"rendered":"http:\/\/smartoffice.com.au\/?p=95691"},"modified":"2017-10-16T12:40:27","modified_gmt":"2017-10-16T01:40:27","slug":"oz-spending-public-cloud-leaps-17pc-5-billion","status":"publish","type":"post","link":"https:\/\/staging.strixdevelopment.net\/smartoffice\/2017\/10\/16\/oz-spending-public-cloud-leaps-17pc-5-billion\/","title":{"rendered":"Oz Spending On Public Cloud Leaps 17pc To $5 Billion"},"content":{"rendered":"<p>Spending on public cloud services expenditure in Australia is predicted to hit A$5 billion by the end of the year, according to a new Gartner report. This would be a 17.1 percent rise over the $4.3 billion recorded last year, Gartner says.<\/p>\n<p>Gartner tips software-as-a-service (SaaS) revenue to rise 25.1 percent to A$1.9 billion, while platform-as-a-service (PaaS) revenue is forecast to reach $262 million, up no less than 28.4 percent.<\/p>\n<p>Meanwhile cloud management and security services revenue should hit $238 million, up 22pc from last year&#8217;s figure of $195 million.<\/p>\n<p>Globally, Gartner forecasts total public cloud services revenue to reach $260.2 billion in 2017, up from $219.6 billion in 2016. SaaS and IaaS performance are said to be driving the 18.5 percent growth rate.<\/p>\n<p>Sid Nag, research director at Gartner, said SaaS revenue has been greater than previously forecast. &#8220;Final data for 2016 shows that SaaS revenue\u00a0was far greater in 2016 than\u00a0expected, reaching $48.2 billion,&#8221; he said.<\/p>\n<p>He added: &#8220;Strategic adoption of platform-as-a-service offerings is also outperforming previous expectations, as enterprise-scale organisations are increasingly confident that PaaS will be their primary form of application development platform in the future.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spending on public cloud services expenditure in Australia is predicted to hit A$5 billion by the end of the year, according to a new Gartner report. This would be a 17.1 percent rise over the $4.3 billion recorded last year, Gartner says. Gartner tips software-as-a-service (SaaS) revenue to rise 25.1 percent to A$1.9 billion, while &#8230; <a title=\"Oz Spending On Public Cloud Leaps 17pc To $5 Billion\" class=\"read-more\" href=\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2017\/10\/16\/oz-spending-public-cloud-leaps-17pc-5-billion\/\" aria-label=\"Read more about Oz Spending On Public Cloud Leaps 17pc To $5 Billion\">Read more<\/a><\/p>\n","protected":false},"author":47,"featured_media":95692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,81,5],"tags":[58,696],"class_list":["post-95691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","category-networking","category-news","tag-australia","tag-cloud"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Oz Spending On Public Cloud Leaps 17pc To $5 Billion - Smart Office<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/staging.strixdevelopment.net\/smartoffice\/2017\/10\/16\/oz-spending-public-cloud-leaps-17pc-5-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oz Spending On Public Cloud Leaps 17pc To $5 Billion - Smart Office\" \/>\n<meta property=\"og:description\" content=\"Spending on public cloud services expenditure in Australia is predicted to hit A$5 billion by the end of the year, according to a new Gartner report. This would be a 17.1 percent rise over the $4.3 billion recorded last year, Gartner says. Gartner tips software-as-a-service (SaaS) revenue to rise 25.1 percent to A$1.9 billion, while ... 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