Platform as a Service revenue to touch $707.4 mn in '11

 

Global platform as a service (PaaS) revenue is set to touch $707.4 million in 2011, up from $512.4 million in 2010, and is forecast to reach $1.8 billion in 2015 maintaining the current growth, a study by Gartner says.

"Cloud has three technological aspects — infrastructure as a service (IaaS), platform as a service (PaaS) and finally software as a service (SaaS)," said Fabrizio Biscotti, research director at Gartner.

"While SaaS is the most developed aspect, PaaS is the least developed, and it is where we believe the battle between vendors is set to intensify,” he further added.

The report explained that the initial PaaS products primarily supported application server capability, but the market has since expanded to encompass other middleware capabilities as a service, such as integration, process management, and portal and managed file transfers (MFTs).

Gartner analysts said PaaS offerings are likely to expand the application integration and middleware (AIM) market by bringing in a new range of organizations that otherwise would have been packaged application and office software users. ,

 

Gartner analysts predict a rapid aggregation of PaaS offerings into suites of functionalities, providing users with well-integrated and optimized platform services (from the same or different suppliers), co-located in the same data center to provide appropriate levels of performance, security, manageability and availability.

This process will take place in steps. Initially, around 2013, PaaS functionalities will consolidate around specific usage scenarios, paving the way for integrated comprehensive PaaS offerings to emerge from 2015 and beyond.