Investing: Is there sunshine ahead for cloud computing?
Cloud computing, which supplies on-demand hosted services over the Internet, requires only that its clients have a computer and Internet access. It handles the functions traditionally performed by a firm’s in-house hardware and software.
The global cloud-computing market is expected to reach $241 billion in 2020, up from $41 billion in 2010, according to Forrester Research. That long-term potential is reflected in the highflying stocks of companies actively involved in the concept…