CloudMunch eyes billion-dollar PaaS market

December 19, 2012 Off By David

Grazed from InformationWeek. Author: Ayushman Baruah.

Software developers now have a chance at focusing on doing what they are best at – coding, for, they can leave the rest to Seattle-incorporated and Bangalore-based startup CloudMunch. The 15-member startup offers developers with a cloud-based platform that claims to take care of the entire software development lifecycle, enabling them to build, test, run and manage their applications in an automated environment. In the words of the company’s founders, developers can now “Focus on the code, CloudMunch the rest.”

Pradeep Prabhu and Prasanna Raghavendra, both long-term Infosys executives started CloudMunch in September 2011 with the aim of delivering better software faster in the cloud. “We do so by providing early and instant feedback; automating the entire process with one click; and enabling ‘dev’ and ‘run’ seamlessly in the cloud,” Raghavendra, the company’s co-founder and CTO said…

The platform-as-a-service (PaaS) offering from CloudMunch comes at a time when there is substantial uptick in the PaaS market globally. According to technology research firm Gartner, worldwide PaaS revenue is expected to reach USD 1.7 billion by 2015 up from just USD 512 million in 2010. The biggest components here will be application PaaS and integration PaaS…

Read more from the source @ http://www.informationweek.in/cloud_computing/12-12-19/cloudmunch_eyes_billion-dollar_paas_market.aspx