There are a host of reasons why the cloud services market continues to explode with opportunity. From the small-to-midsize business (SMB) customer to the enterprise, companies are leveraging the cloud as a way to increase efficiency and drive down operational costs.
As this growth takes place, more service providers are working with experienced consulting groups like the DXC SLMS Hosting team to leverage the right strategic opportunities for growth in key areas.
Consider the following stats from IDC as published in Forbes.com:
- The global SaaS market is projected to grow from $49B in 2015 to $67B in 2018, attaining a compound annual growth rate (CAGR) of 8.14%.
- Global spending on Infrastructure-as-a-Service (IaaS) is expected to reach $16.5B this year, an increase of 32.8% from 2014.
- Cloud applications will account for 90% of worldwide mobile data traffic by 2019, compared to 81% at the end of last year.
The Internet of (All) Things
In addition to these three, one area that continues to attract industry attention is the Internet of Things (IoT). In short, IoT represents Internet-connected devices and technologies that communicate seamlessly without specific human interaction.
According to Phil Sorgen from Microsoft, IoT will see significant growth in the coming years:
“Gartner forecasts 20.8 billion cumulative connected consumer and enterprise “things.” IDC says global IoT spending will grow to $1.3 trillion by 2019. And in the longer term, McKinsey estimates a total potential economic impact of as much as $11.1 trillion by 2025.“
“With the help of a partner such as DXC SLMS Hosting, service providers will need to license the right software, applications and hosted solutions that enable IoT to work for end-user clients,” said Kim Kuhlmann, Senior Solutions Specialist for DXC SLMS Hosting. “Choosing the right partner with the right cloud- and subscription-based licensing experience is crucially important because the cloud is at the center of the IoT movement.”
What’s more, IoT may be one key that helps unlock opportunities for service providers who currently offer one specialty, such as infrastructure, to collaborate on projects with service providers that hold other specialties, such as specializing in specific vertical industries like healthcare.
The Right Partner Can Make a Big Difference with IoT-based Hosted Offers
Some ambitious business goals, like creating an IoT-based hosted offer, can be doomed from the outset if your advisors and providers know little more about the intricacies than you do yourself.
Service providers can leverage the DXC SLMS Hosting team of licensing experts to understand the scalable characteristics, pricing and compliance when building vertical-specific solutions. IoT solutions connected to technologies such as Microsoft Office 365, or Citrix XenApp, must be designed in ways that enhance business efficiency for end customers—otherwise the solutions won’t sell.
Beyond connecting you with the right technologies and licenses, DXC SLMS Hosting can help with IoT business growth opportunities. The team’s consultants have helped other companies build lucrative lines of business using hosted IoT technologies.
IoT solutions are designed to scale as needed, which will require flexible licensing models for each customer. Service providers will need to work with a partner available for business consultation who can assist with licensing issues, renewals and compliance.
What’s more, the right partner can offer readiness and enablement strategies for cloud-dependent IoT solutions in specific or emerging markets.
How Will You Offer Internet of Things Cloud Solutions for Your Customers?
How will you take advantage of IoT cloud solutions for your customers? The DXC SLMS hosting team is available to help service providers understand the complexities involved with licensing and hosted solutions in a variety of vertical and user environments. What questions do you have for us? Schedule a session today by clicking on this link. And don’t forget to join our social communities for additional conversation on Twitter, Google+ and LinkedIn.