PUNE, India, June 9, 2016 /PRNewswire/ --
According to a new market research report "Cloud M&A Partnerships 2014-2015", published by MarketsandMarkets, the Cloud M&A Partnerships tracker covers around 85 mergers and acquisitions, with various technologies, with which the behavior of the market can be tracked by identifying the significant mergers and acquisitions signed in 2014 and 2015.
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Browse 38 pages and in-depth TOC on "Cloud M&A Partnerships 2014-2015"
http://www.marketsandmarkets.com/Market-Reports/cloud-merger-acquisition-179210734.html
The primary reason for the acquisitions in 2014 and 2015 was to update the range of solutions and services offered, expand the reach to new markets, and reinforce presence in the cloud domain. Other reasons for acquisition include capability enhancement and expansion of geographic reach. Many key players have integrated their products and services to provide innovative trusted solutions for their clients.
The report analyzes the mergers and acquisitions signed in the cloud service market and offers analysis over a broad database covering various mergers, acquisitions, partnerships, and joint ventures signed in private and public businesses, in multiple industry sectors, between large and small private corporations. To achieve that we have leveraged our understanding considering client needs and views that can help to pinpoint concrete and actionable business growth strategies.
This report is instrumental in helping the stakeholders listed below
Cloud computing is on-demand network access of shared computing resources. The main feature of cloud computing is provision of computing capabilities and resources without any human interaction with a service provider. The cloud computing technology is maturing to the point that it is becoming a key source of technology for many businesses. Businesses are implementing cloud technology to gain its benefits. Not only large but small companies are implementing cloud computing or are in the process of implementing it for at least some or all of its applications. Cloud computing is broadly split into three main service models: Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS). Cloud services are mainly hosted on deployment modes which are private cloud, public cloud, and Hybrid cloud.
Businesses are adopting cloud services primarily to keep the critical data and network safe, provide better services to customers, pay as per use, minimize hardware expenses,; reduce costs of software installations and for more innovation.
The players in the cloud service domain are acquiring companies in the same space or are merging with companies of similar technology. The global cloud service market is witnessing many mergers, acquisitions, and partnerships on a very large scale. This is a significant approach and is followed by companies in the cloud service market for new potential opportunities and to create a strong hold in the cloud market.
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There are numerous concerns of cloud service providers that include security, performance, costs, difficult to manage, critical requirements of clients, and need for following government regulations. To provide superior solutions and to expand their reach to new markets, these vendors acquire small vendors or merge with similar technology providers. The vendors also develop new products and services in partnership and joint ventures. These vendors indulge in partner programs for their partners to offer more expertise and help them regarding cloud services and solutions. The significant strategy of partnering with rivals to deliver better services to customers is also being witnessed in the global cloud service market. Many key players have integrated their products and services to provide new trusted solutions.
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