MONARCH BAY, Calif., May 14, 2012
/PRNewswire/ -- Microelectronics Technology Co. (MELY.PK – News):
The Company is pleased to provide an update regarding the
Cloud Computing Opportunities the company is strategically
positioning to take advantage for future growth.
Independent research firm Forrester Research expects the global
cloud computing market to reach $241
billion in 2020 compared to $40.7 in 2010, according to a new Forrester
report called "Sizing the Cloud." The report aims to provide
insights into the future market size of cloud computing segment
while trying to predict market growth dynamics in a new IT
environment driven by rapidly growing number of cloud computing
services and applications.
Forrester's report provides market forecast on 12 different
market segments for the next decade, forecasting shifts in the
usage patterns of cloud infrastructure, business applications for
the cloud and cloud platforms that are becoming increasingly
widespread.
According to Sizing the Cloud report, Software-as-a-Service
(SaaS) offers more growth opportunity than any other segment in the
still largely vague market for cloud computing services. SaaS will
retain its position as a leading segment in cloud computing with
SaaS market growing three-fold to $92.8
billion by 2016, the report said. In contrast,
Infrastructure-as-a-service (IaaS) will witness a rapid growth in
the next few years but Forrester expects dynamic infrastructure
services to perform better than IaaS in the long term.
Forrester applies an innovative approach toward measuring cloud
computing market with company's analysts utilizing Forrester's
sizing methodology for emerging markets to the cloud computing
market for the first time, report co-author Stephen Reid wrote in a blog post. Reid admits
that cloud computing definitions are still a serious challenge to
researchers while "...each year, it gets harder to make clear-cut
distinctions, based on technology, between what is a cloud and what
is simply a virtualized data center or a traditional hosting
provider. Therefore, Forrester decided to focus instead on the
major disruption in the IT industry that cloud computing is
bringing about — disruption based not on technology but on the
business model under which IT operates."
Reid also reveals that IaaS will shift from public clouds to
virtual private clouds but the size of market is set to decrease
because dynamic infrastructure services, which are the virtual
private cloud counterpart of IaaS in the public cloud, tend to
combine pure infrastructure with high-level services and close
integration into existing on-premises landscapes. Simplified and
pre-integrated platforms outline the future of
Platform-as-a-service (PaaS) segment while PaaS is set to become a
middleware platform alternative, Reid said.
Companies that are able to adapt quickly to fast changing market
conditions will be crowned victors and will grab the lion's share
of a $241 billion cloud computing
market in 2020.
Cloud Data Corporation with the implementation of its Web App
Cloud Hosting Modules- Sproqets configuration will be a leader in
rush to provide the infrastructure required to facilitate App
Hosting Tidal wave of demand in the next three years.
Sproq next generation cloud application hosting customers will
be able to start with a single sproqet, as they need to scale up
they will be able to purchase additional sproqets.
Sproq.com service is currently under development, with
developmental servers and hardware already deployed. Sproq.com is
scheduled for launch second quarter 2012 and Cloud Data Corp is
planning for the first point of presence in Seattle, Washington.
A pre- beta launch sign up is available at www.sproq.com where
invites will be sent out for our beta.
For further Information:
Microelectronics Technology Co.
President:
Mr. Brett Everett
1 866 587 2860
www.melypk.com
www.sproq.com
www.domainstutter.com
Forward-Looking Statements
This news release includes forward-looking statements made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. While these statements are made to
convey Company progress, business opportunities and growth
prospects, readers are cautioned that such forward-looking
statements represent management's opinion. Whereas management
believes such representations to be true and accurate based on
information and data available to the Company at this time, actual
results may differ materially and are subject to risk and
uncertainties. Factors that may cause actual results to differ
include without limitation: dependence on key personnel and
suppliers; MELY's ability to commercialize its technology; ability
to defend intellectual property; material and component costs;
competition; economic conditions; consumer demand and product
acceptance, and availability of growth capital.
Additional considerations and risk factors are set forth in
reports filed on Form 8-K and 10-K with the SEC and other filings.
Readers are cautioned not to place undue reliance upon these
forward-looking statements; historical information is not an
indicator of future performance. The Company undertakes no
obligation to update publicly any forward-looking statements.
SOURCE Microelectronics Technology Co.