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70% of private cloud adopters utilize third parties to manage their environments

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Technology Business Research Inc.’s (TBR) Private Cloud Customer Research report estimates the $41 billion private cloud market in 2014 will grow at a 14% CAGR to $69 billion vendor opportunity by 2018. TBR surveyed 331 private cloud end users across the United States, the United Kingdom, Germany, France, India and China to understand customer adoption drivers and barriers and current and expected buying behaviors and budgets over the next 12 months. The report details the competitive vendor landscape; helps clients understand how enterprises are shortlisting, selecting and engaging with private cloud vendors; highlights future budgeting and purchase scenarios; and enables cloud providers to align their offerings to market demand.

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