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Market Acceptance of Grid Computing Continues
As the Technology Enters Commercial Mainstream, Says Insight Research
press
release
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BOONTON, NJ.
June 22, 2006:
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Grid computing has penetrated well beyond the large research institutions
that first developed the techniques required to virtualize computing
resources and has entered the “early adoption” phase of mainstream
commercial computing, says a new market research study released by the
Insight Research Corporation. Grid computing, a type of distributed
system, makes it possible to share computing resources across networks,
creating what amounts to virtual super computers.
According to the report, “Grid Computing: A Vertical Market Perspective
2006-2011,” Insight estimates worldwide grid spending will grow from $1.8
billion in 2006 to approximately $24.5 billion in 2011. Grid spending was
examined in 14 vertical industries, with much of the early adopter
spending concentrated in the manufacturing and financial services
industries.
While spending on grid technology is expected to increase at a compounded
rate of almost 70 percent over the forecast period, the technology today
is still very much in an early adoption phase. Most IT organizations have
built their initial commercial implementation behind a firewall at a
single corporate site.
“Though large telecommunications firms, including BT and Telefonica, have
selected a grid middleware software partner to build out their service
delivery capabilities, and a number of startups in grid have received
venture capital, grid is still new to many IT organizations” says Insight
Research president Robert Rosenberg. “The technology is still seeking
widespread acceptance because using grid computing software is still a
challenge, and the dominant standards remain somewhat unstable,” Rosenberg
concluded.
A free report excerpt, table of contents, and ordering information for
“Grid Computing: A Vertical Market Perspective 2006-2011” can be found
online at
http://www.insight-corp.com/reports/grid06.asp. The full, 185-page
report is available immediately for $3995 (hard copy). Adobe Acrobat (PDF)
report licenses are also offered. Visit our website or call (973) 541-9600
for details.
For more information please contact:
Ms. PJ Conger, Marketing Director
973-541-9600
pj@insight-corp.com |
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