A systematic and complete report providing detailed information regarding Cloud Computing market is included by Big Market Research. This report would offer concerned groups and tech gurus with vital data on Latin America’s Cloud Computing Market.

Portland, OR -- (ReleaseWire) -- 07/01/2014 --Cloud computing is the application of computing assets that are delivered to clients with the assistance of internet. At the point when an organization moves to a cloud-based administration model it implies that the organization moves far from a conventional capital expenditure model to an operating expenditure model.

Cloud computing offers its services through three crucial models, to be specific SaaS, PaaS and IaaS. SaaS is a model through which programming applications, databases, or other information is made accessible to a client through the utilization of the web. IaaS is the prerequisite of computing infrastructures with the assistance of internet. PaaS is the delivery of a computing stage. Cloud computing is growing in Latin American locale with an impressive growth rate.

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The report forecasts the market to grow at a CAGR of 26.1% during 2013-2018. The report gives deep-dive information of the current market situation and offers a foretaste of future opportunities. The report foretells the market by calculating income from 3 main sectors, namely SaaS, PaaS and IaaS.
For SaaS, the revenue is calculated from segments such as business intelligence, communication and collaboration, content, customer relationship management, human resources management, enterprise resource planning, project & portfolio management, and supply chain management.

For IaaS, the revenue is collected through IT infrastructure such as compute, storage and print.
In terms of PaaS, the revenue is generated through deployment of platforms for application development, business intelligence, database management systems and application infrastructure middleware.

The report gives detailed information of key vendors operational in the market. It gives a detailed analysis the market drivers and restraints.

Key Vendors
- Amazon Web Services, Inc
- Google Inc
- IBM Corp
- Microsoft Corp
- Rackspace Hosting, Inc
- salesforce.com, Inc
- Verizon Communications, Inc

Other Prominent Vendors
- America Movil
- Cisco Systems, Inc
- HP Co
- Oi
- Oracle Corp
- SAP AG
- Telefonica SA

Key Market Driver
- Growing applications of Cloud Solutions in SMEs

Key Market Challenges
- Cyber Security

Key Market Trend
- Increase in use by Telecommunications Companies

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About Cloud computing
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