Australian Cloud market set to top $800 million

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[1] According to a new study conducted by Telsyte, the Australian Cloud enterprise market is set to hit $800 million by the year 2019, as organisations move to the cloud.

[2] The Telsyte Australian Infrastructure & Cloud Computing Market Study 2015 has forecast that the public Cloud infrastructure services will be valued at 775 million by 2019 from $366 million in 2015.

[3] The research also identified a growing trend in the hybrid Cloud model, which will be in use by about 40 per cent of enterprises by 2019.

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[Source] Australian Information Technology News – Australian Cloud market set to top $800 million