Research and Markets has announced the addition of the “Cloud Computing Market in South Africa 2014-2018” report to their offering.
Large multinational cloud computing companies are speeding up their acquisitions in the market in South Africa and establishing local offices in the country. SAP, one of the most well-known companies in the Global Cloud Computing market, has started cooperating with domestic organizations. Other cloud computing companies such as Google, Microsoft, and IBM have also grown aggressive and are chasing SAP, trying to increase their market shares with IaaS and SaaS offerings. In order to change the situation, domestic companies in South Africa are advised to protect themselves from being acquired by multinationals and instead to establish a strategic partnership with them to secure their technology and expertise. Increased government initiatives might help local providers to maintain their market presence.
According to the report, though there are many factors driving the growth of the Cloud Computing market in South Africa, one of the main drivers is the evolution of data centers market in South Africa. Data centers are used to house all the computer systems and all the associated components and to store information. Organizations are increasing their use of data centers in this region because they are inexpensive.
Further, the report states that one of the common barriers to the growth of the market is increasing concern regarding data security. Organizations are anxious about the security of data when storing information on cloud networks or on any other technology platform. There are various forms of storing crucial information but there is always a risk of loss of data. Failure to retrieve data would lead to considerable losses.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.