LONDON–(BUSINESS WIRE)–SpendEdge has been monitoring the global PaaS market and the market is poised to experience spend growth of more than USD 12 billion between 2018-2023 at a CAGR of over 20% during the forecast period. Request Free Sample Pages.
Read the 128-page research report with TOC and LOE on “The Global PaaS Market – Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, top suppliers, supplier selection and negotiation strategies, and insights into best practices to optimize procurement spend.”
The rapid adoption of cloud-based development tools and cloud-enabled DBMS among end-user industries is favoring spend growth in the global PaaS market. Businesses in the IT development and services industry are exhibiting strong demand for cloud-based development tools, programming languages, libraries, and database management systems in order to reduce their on-premise infrastructure and software costs. This is generating significant growth opportunities for PaaS service providers.
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The Top PaaS Service Providers Enlisted in this Report:
The rising global shortage of cloud architecture developers and designers and the growing need for retaining existing employees are expected to increase operational costs for service providers. Such an incremental expenditure is likely to be compensated by buyers in the form of an excess procurement spend. Considering this possibility, this report has enlisted the top PaaS service providers, SLA agreement insights, and the selection and negotiation strategies that buyers must undertake to achieve optimal and cost-effective procurement in this market.
Microsoft– It is among the technological giants with high brand value and visibility in the market, which allows this PaaS service provider to lower its spend on marketing expenses. Such service providers are primarily vertically integrated, which allows them to operate on thin margins to capture a large number of clients by offering the best competitive prices in the PaaS market.
Amazon– This service provider has built-in cloud monitoring tools such as the Amazon Cloudwatch. Buyers can seek bundling opportunities for such tools while procuring PaaS from this service provider. These tools also help category managers evaluate the performance of service providers, which can be used during the contract renewal phase.
VMware- While negotiating, it is imperative that buyers derive complete information regarding the prices that will be charged as per the resources utilized. They should actively negotiate for performance guarantees in the contract to avail the best possible service during periods of high demand.
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Some of the key topics covered in this report are:
- PaaS market spend segmentation by region
- PaaS supply market analysis
- Regional spend opportunity for PaaS service providers
- PaaS service providers cost structure
- Total cost of ownership analysis in the PaaS market
- PaaS pricing models analysis
- Category management objectives
- Cost saving opportunities in the PaaS market
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