As part of the strategic initiative, the company will invest more than $400 million in cloud technologies, capabilities and training by 2015 to focus on delivering the right cloud services from its network of providers, as well as blending its own industry solutions and innovations with third party offerings.
“Already in use on more than 200 projects, the Accenture Cloud Platform features proven technologies and business processes to help our clients make the safe journey to cloud,” said Jack Sepple, global senior managing director - Cloud, Accenture.
According to industry analyst firm IDC, the total market size for cloud will grow from approximately $40 billion in 2012 to $98 billion in 2016. This includes projections for software as a service (SaaS) to reach $37 billion, infrastructure as a service (IaaS) to reach $30 billion, system infrastructure software as a service to reach $20 billion, and platform as a service (PaaS) to reach $10 billion by 2016.
As part of its overall investment, Accenture has created expanded services on the Accenture Cloud Platform, including public and virtual private cloud infrastructure, data decommissioning, software systems testing and big data analytics solutions in the cloud. According to the Accenture Technology Vision 2013 report, digital technology has become a strategic imperative and a tool of competitive intent for businesses today.
Accenture has already worked on more than 4,000 cloud projects for clients, including over half of the Fortune Global 100, and has more than 6,700 professionals trained in cloud. Accenture is consistently recognized for its industry leadership by leading independent analyst firms and software alliance partners, the company said..
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