IDC estimates that between now and 2017 the market for PaaS solutions will increase by 30 percent annually, to reach a turnover of $14 billion by 2017. The jump from last year $3.8 billion to $14 billion will be due to the need for companies to reduce infrastructure costs and speed up application development. The…

According to a recent report published by 451 Research, the costs of companies in the cloud service including infrastructure as a service (IaaS), Platform as a service (PaaS) and software as a service (SaaS), will grow at a CAGR of 36% per year. The market is expected to exceed $20 billion by 2016. In 2012,…