Open Compute Project Announces Updated Market Forecast
Open Source Foundation exceeds 2018 forecast for non-board member adoption, tops $2.56 billion and expected to surpass $10 billion by 2022.
The Open Compute Project Foundation (OCP) has announced the high level results of a follow up assessment of the market impact of the Open Compute Project worldwide. For a second year, OCP has engaged IHS Markit, a world leader in critical information, analytics and solutions, to determine the adoption and impact of OCP gear in the technology industry. Since its inception, OCP has worked to drive innovation in and around the data center industry, bringing together thousands of engineers from nearly two hundred member organizations. The demands on the modern data center continue to expand with the growth of IOT, security, and edge computing, as well as increasing energy consumption requirements.
IHS Markit interviewed OCP members, suppliers and service providers, as well as incorporated their own in-depth industry research to determine revenue by region and vertical worldwide, as well as update their forecast through 2022. In order to ascertain a more accurate assessment of true marketplace adoption, usage by OCP Board member companies Facebook, Goldman Sachs, Intel, Microsoft, and Rackspace was excluded from this study.