Wednesday, October 30, 2013

High Demand for Cloud Backup and DR Drives Growth for United Computer Group, Inc.

Businesses across the nation still relying on tape backup to protect their data are quickly realizing they are on borrowed time. For many companies, migration from tape backup to secure cloud backup and disaster recovery has moved from the back burner to the number one business priority. As the demand for cloud services continues to grow, companies are making heavy investments to gain market share.

The public cloud services market is forecast to grow 18.5 percent in 2013 to total $131 billion worldwide, up from $111 billion in 2012, according to research firm Gartner, Inc. Infrastructure as a service (IaaS), including cloud compute, storage and print services, continued as the fastest-growing segment of the market, growing 42.4 percent in 2012 to $6.1 billion and expected to grow 47.3 percent in 2013 to $9 billion.

Cloud advertising continues to be the largest segment of the cloud services market, comprising 48 percent of the total market in 2012. Gartner predicts that from 2013 through 2016, $677 billion will be spent on cloud services worldwide and about half of that will be spent on cloud advertising.

This shift in thinking comes as no surprise to United Computer Group, Inc. To support its fast-growing cloud backup and disaster recovery business, VAULT400, United Computer Group, Inc. recently invested in an additional $1M of infrastructure. Likewise, UCG partner BlueBridge Networks recently announced a $6 million investment in technology to build the best network and facilities possible.

Some of the biggest challenges businesses are facing are compliance, effective utilization of cloud, high availability and uptime. Companies looking to manage these issues find cost effective solutions with IBM i Solution Edition for VAULT400 cloud backup and disaster recovery. By selecting the IBM i Solution Edition for VAULT400, organizations gain significant IBM i pricing benefits, and an easy-to-manage cloud backup and disaster recovery solution that delivers a low total cost of ownership.