Mobile and Cloud Reign as Tech’s Top Moneymakers

In KPMG survey of top tech execs, mobile and cloud exceed revenue forecasts, and analytics and IoT lurk as next cash cows.

KPMG’s survey tapped 100 C-level and senior-level executives in the tech industry; 74 percent of them are from companies that earn $1 billion or more in yearly revenue, and the rest are from companies earning between $100 million to $1 billion.

For all those companies, 53 percent say mobile revenues topped their 2013 forecasts, and 46 percent claimed their cloud revenues for the same year were above expectations. But in the future, the biggest driver of growth for those companies isn’t expected to be mobile or cloud, but D&A (data and analytics), which 51 percent of the respondents ranked as their top growth driver. Mobile and cloud came in this year at 41 percent and 40 percent respectively, with security at 28 percent and consumerization of IT and IoT (Internet of things) both at 19 percent.

Read the original article written by Serdar Yegulalp, InfoWorld: InfoWorld Original Article


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