Alex Rossino, a principal research analyst at Deltek, says that seven trends across federal agencies could initiate a potential 21-percent growth in cloud investments in the public sector over the next five years.
Rossino writes Tuesday that the market for commercial cloud services will reach a value of $6.5 billion by 2019 due to the need for policies, tools, oversight and other processes across government regarding cloud deployment.
According to the “Federal Update: Cloud, Data Center, Big Data, and Mobility, 2014-2019” report, these tools and processes cover the areas of data governance or management, security compliance and investment management.
Rossino adds that increasing adoption of shared services and the different complexities of agency missions will also influence government investment activities.
Additionally, new guidance from the Defense Department on independent cloud procurement and the National Institute of Standards and Technology on procurement standards will potentially impact demand for cloud services.
Deltek’s federal industry analysis team also noted that software-as-a-service and infrastructure-as-a-service are the leading cloud investments.