Market demand for cloud application development

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  • Growth in SaaS, PaaS & IaaS spending
  • 5-10x growth in new apps and services, including IoT and cognitive solutions
  • Penetration of “cloud code” into on-premise software
  • Expansion of cloud managed and professional services
  • Over half of large enterprises will double software and services development staff – 85% will be focused on new market facing apps and services
  • 50% of cloud applications and services are for use cases not served in the client server era
  • 70% of software revenues are based on cloud code – delivered as SaaS, PaaS or on-premise software, as ISVs build their on-premise software from their SaaS and PaaS

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