According to a report by MarketsandMarkets, the electronic medical record (EMR) and electronic health record (EHR) industry in the U.S. is estimated to be worth $6 billion by 2015. The report projects an annual growth rate of 18% over the five-year period 2010 through 2015.
According to a Forrester report, e-commerce sales in the U.S. are projected to grow 13% this year to $262 billion. e-commerce sales are estimated to grow at a compounded annual growth rate of 9% over the period 2012 through 2017 to be worth $370 billion by 2017. E-commerce may be growing, but Amazon (NASDAQ:AMZN) is counting on other avenues to help continue their own growth story.
According to a Gartner report released earlier this year, the worldwide mobile advertising market is projected to be worth $11.4 billion during the current year, compared with $9.6 billion estimated for the previous year. Gartner estimates the market to be worth $24.5 billion in 2016. The market is seeing strong growth driven by the increased adoption of mobile devices in emerging markets. The North American market is projected to grow from $3.18 billion last year to $3.83 billion during the current year and to $8.87 billion by 2016. But Asia remains the largest market with an estimated $4.33 billion last year projected to grow to $9.48 billion by 2016.
One Million by One Million (1M/1M) and Rackspace, the Open Cloud Company, today announced the Rackspace Cloud – 1M/1M Startup Challenge. This competition is designed to give a boost to entrepreneurs growing, developing, and launching cloud-based startups. Through an application process, five cloud startups will be judged finalists and they will present their businesses during an online pitch competition on Thursday, May 30th. Four of the finalists will be awarded $1000 per month worth of cloud hosting for one year from Rackspace. The winner will be awarded $2000 per month worth of cloud hosting for one year PLUS a one-year scholarship to the 1M/1M program. Founded by Silicon Valley entrepreneur Sramana Mitra, 1M/1M will provide extensive incubation support to help the winning startup rise to its potential.
One Million by One Million (1M/1M) is a global virtual incubator that provides budding entrepreneurs methodologies, video lectures, strategy consulting through public and private online roundtables, and introductions to media, customers, channel partners and investors, including pre-seed, seed, angel, VC, bank and alternative financing. The 1M/1M program is all about coaching entrepreneurs on funding, business strategy and execution. The program’s mission is to help a million entrepreneurs reach a million dollars and beyond in annual revenue, thereby creating a trillion dollars in global GDP and 10 million jobs.
John Michelsen is the chief technology officer of CA Technologies. John studied at Trinity University and is considered one of the great innovators in business IT, with over 12 patents awarded to him. In this interview John talks about trends in the business IT world and how it has developed over the years. Furthermore, he discusses possibilities and opportunities for entrepreneurs and gives us his views on innovators in this space.
Sramana Mitra: John, let’s give our readers a bit of context about what is happening at CA these days. We had your predecessor, Don Ferguson, on one of our series a couple of years ago. When we started doing these series, there was still ambiguity on where the cloud movement was going and how much adoption there was in enterprises. Today there is no such ambiguity. >>>
According to Gartner, the cloud-based security services market is estimated to be worth $4.2 billion by 2016. The researcher estimates that by 2015, the cloud will be the delivery platform for 10% of total IT security enterprise product capabilities. San Jose–based Zscaler is one organization working to transform enterprise security by building the world’s largest security cloud so that users can access a safe cloud even outside of their corporate networks.
IDC’s report Worldwide Big Data Technology and Services 2012-2016 Forecast, released earlier this year, estimates the big data market to grow 32% annually over 2012 through 2016 to be worth $23.8 billion in 2016. The services segment for the market is projected to grow 21% annually over the period, and the storage market catering to big data is estimated to grow 53% annually during this period. IDC also projects that there will be strong demand for analytic tools to support big data and an increasing number of companies will search for tools to simplify analytic services.
According to Gartner, the market for SaaS- and cloud-based business application services is projected to grow at an annual rate of 20% over 2011 through 2016. The market is estimated to be worth more than $32.8 billion in 2016, compared with $13.5 billion in 2011. Increasing adoption of these new technologies has also led to the problem of integration. Organizations are looking for platforms that will help simplify the communication between multiple SaaS services with mobile and on-premise legacy systems.