| |December 20185 | |September 20175CIOReviewVOL 1 · ISSUE 9-3 · DECEMBER 15- 2018If one looks back just a few years in the past, cloud services were perceived as a risky and unstable solution that may be somewhat useful in making less-than-critical functions of a business a bit easier. However, in no more than five years, they transformed into something that permeates every aspect of our life, both business and personal. Cloud-based solutions already dominate the market and cover most vital functions of the largest businesses out there, and this tendency is not going anywhere ­ according to IDC, no less than 60 percent of all IT spending and up to 70 percent of all software, services, and tech spending will be cloud-based by 2020. But, we have addressed it before, we keep addressing it again and again, Cloud technology solution providers need to embrace the criticality of security. Security has had enterprises take hesitant and calculated steps into the Cloud environment. It is imperative for CIOs to see cloud computing as a critical element of their competitiveness, not just as a cost that needs to be carefully managed. In 2019, CIOs will have to balance the capabilities of the newest cloud technology while focusing on security. There is an explosion of new cloud services and solutions, and here are some stats to prove it. Subscription-based software-as-a-service (SaaS) will grow at an 18 percent CAGR by 2020, according to Bain & Company. Investment in platform-as-a-service (PaaS) will grow from 32 percent in 2016 to 56 percent in 2019, making it the fastest-growing sector of cloud platforms, according to KPMG. There are few other instances here, in this edition of CIO Insider; we have put together a list of the top 10 most recommended cloud technology solution providers of 2018. These vendors have played the market and have been preferred time and again for enterprises' cloud journey. Do let us know what you think. Emmanuel Christi DasEditoremmanuel@cioinsiderindia.comCloud to Make Way for Better Business Cultures!Office Editorial queries editor@cioinsiderindia.comAdvertising queriessales@cioinsiderindia.comBangaloreTel 080 46441103 To subscribeVisit www.cioinsiderindia.com/magazine-in or send email to: subscription@cioinsiderindia.comCover price is Rs 150 per issueAshok KumarSales & MarketingGarima AnandGroup Art DirectorMagendran PerumalCirculation ManagerEditorial TeamChitra MishraShiwani PrakashVinisha PaivaAnitha TLakshmi GCIOInsiderNo. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017Veena R Piddannavar S Sivasankar Visualizer PublisherEditorAlok ChaturvediEmmanuel Christi DasPrinted and published by Alok Chaturvedi on Behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Com-plex, 24 Residency Road Bangalore-560025 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2018 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Editorial
< Page 4 | Page 6 >