This Chart From IBM Explains Why Cloud Computing Is Such A Game-Changer
Grazed from BusinessInsider. Author: Julie Bort.
All of the industry’s biggest tech players are going gaga chasing the cloud-computing market these days:
- Cisco just vowed to spend $1 billion to build a new cloud to compete with Amazon’s Web Services.
- Microsoft spent about $8 billion on cloud computing R&D in 2011 and spends billions more each year on its cloud data centers in 16 regions around the world.
- IBM is spending $7 billion to beef up its cloud.
- Oracle is in the process of building a cloud, too, with parts of it already being used by beta testers, CEO Larry Ellison recently said…

