Gartner recently reported that it expects PaaS to grow from a $900 million industry last year to $1.2 billion this year. That's compared to a $14 billion or larger software as a service (SaaS) market. But, PaaS is projected to become a $2.9 billion industry by 2016, it says.
Along with CF and OpenShift, there are also Microsoft Azure, Apprenda, ActiveState, Cloud Bees and a variety of other vendors. Treadway is bullish on PaaS technology though, particularly the automation it provides developers, which can ultimately lead to faster application development with fewer code errors. The earliest adopters of PaaS so far have been split between independent software vendors that may be looking to turn their software into a cloud-based software as a service, and enterprises that are looking to further automate their application development and delivery platforms.
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