A growing need for higher data bandwidths and the ever rising data consumption has been playing a vital role in the rapid adoption of cloud computing across the globe. Increasing business activity in the sector, in turn, further paves the way for more mergers and acquisitions as well.
Around half of Europe’s dealmakers hope that the technology merger and acquisitions also known as ‘M&A’ activities will continue to boom in the year 2013, according to the “Doing the Deal” study recently released by Remark and mergermarket, a merger analysis firm.
According to findings, during the first half this year, technology M&A activity will grow at a fast pace primarily due to a number of factors such as a growing amount of data, cloud computing, smart mobility and social networking.
Cloud computing, it emphasizes, will see a high surge in demand for reliable, secure, high speed and resilient mobile networks and infrastructure. GigaOM had expressed in its recent study that the overall cloud market will grow from $70.1 billion in 2012 to $158.8 billion in 2014. It will help the M&A activities in the cloud sector increase within existing cloud architectures, such as energy efficient data centers, colocation centers and software and platform service providers. Further, advanced cloud architectures will also evolve to develop a federated multi-cloud.
Within the domain of public cloud, Apple’s (News - Alert) iCloud serves a right example as its customers can save their personal music, photos, video and apps right within a cloud environment. At the same time, the way Lenovo (News - Alert) benefitted from the acquisition of Stoneware in September 2012 also proves that increasing smart mobility will bring more M&A activities in the cloud sector in the not so distant future.
Edited by Jamie Epstein