Silicon Republic - Market insights from Q Advisors show that the EU cloud market is growing considerably.
According to Q Advisors – a boutique investment bank with insight into the European M&A landscape – Europe is set to emerge from the shadow of the US market in terms of cloud unified communications and collaboration (UCC).
According to a report from Q Advisors’ Michael Quinn and Hayley Hughes Morabito, while adoption in Europe is approximately three to five years behind the US, “the considerable growth noted in every research report since 2012 has transformed a once diminutive ‘little brother’ market into a substantive, leading cloud market fuelled by some of the most promising cloud environments”.
The report says the European UCC market will see an intensification in M&A deals due to four factors:
Read the full Silicon Republic article here.