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Organizations in Europe anticipate modest growth in both IT capital and operational spending plans making Europe one of the largest market for Cloud. The European market for cloud services is growing rapidly, with a predicted CAGR of 24% from 2011 to 2015 .It has been observed that companies who use the cloud have bigger revenues, sales pipelines, and a stronger financial outlook.
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Copyright © 2014 HCL Technologies Limited | www.hcltech.com
The Cloud Market OverviewEurope Perspective
2 Copyright © 2014 HCL Technologies Limited | www.hcltech.com
• Spending on information technology in Europe is forecasted to grow by 2% in 2015
• Organizations in Europe anticipate modest growth in both IT capital and operational spending plans
Source – HCL Technologies estimates
EUROPE: IT Offshore and Cloud Market Overview
• The Public Cloud market is expected to grow by 21% in 2015
• The European market for cloud services is growing rapidly, witha predicted CAGR of 24% from 2011 to 2015
Source – HCL Technologies estimates
2.0%
2.3%
2.7%
2015 2016 2017
Eu
rop
ean
IT
sp
en
d
8.28%
21.43%
29.29%
33.57%
2014 2015 2016 2017
Eu
op
rean
Pu
blic C
lou
d M
ark
et
3 Copyright © 2014 HCL Technologies Limited | www.hcltech.com
• The EU Public Cloud Market is growing 3 times faster than any other IT
• The Vendor Landscape Is Rapidly Evolving and will Improve Further
• Few Tier 1 Players in the China market and Significant number of Tier 2 and Tier 3 players
Europe: Key Trends and Requisites in the Cloud Market
What Organizations are looking for in a Vendor
• Simplicity through consistent solutions with local know-how
• High-quality service for sufficient business continuity
• Competitive pricing for cost-effectiveness
• New partner ecosystems for effective support
4 Copyright © 2014 HCL Technologies Limited | www.hcltech.com
HCL Addresses these Changing Priorities
SUSTAINABILITY HCL works on innovative ideas that benefit society at large. Through initiatives like Customer advisory
councils. The Council has been recognized through several awards — including the Forrester
Groundswell Award in the B2B category — for the trust it fosters between HCL and its customers.
LOCAL STRENGTHS
• HCL’s offices in the UK have attained certifications such as ISO 14001, an integral part of the European
Union’s Eco-Management and Audit Scheme (EMAS). HCL has been awarded the Payroll Giving Award
(Bronze), which recognizes HCL for generating sustainable income sources for UK charities
KEY SERVICES
HCL offerings in Europe include IT outsourcing, offshore services, applications development and
maintenance, Mobility Services, Internet of things, Cloud Computing, BPO, infrastructure management,
colocation, data center services, software development and Support, engineering services, Business
Intelligence and analytics.
CLICK HERE TO KNOW MORE
BUSINESS STRENGTHS
• Subject Matter Expertise
• High Quality Services
• Cost Effective Solutions