Cloud Computing: Emerging trends
April 30, 2013
Grazed from CIOL. Author: Rajesh Rege.
Expected to be an inflection point for cloud computing, 2013 holds a great potential for innovation driven by a surge in demand for reliable, secure, high speed and resilient mobile and broadband networks and infrastructure. According to the Cisco Global Cloud Index, global cloud computing traffic will increase 12-fold from 130 exabytes to reach a total of 1.6 zettabytes annually by 2015.
Cloud is the fastest growing component of data center traffic, growing to more than 33 per cent of the total by 2015. A research by GigaOM expects the cloud market to grow to $158.8 billion in 2014. The opportunities will lie in both existing cloud architectures and emerging new architectures as organizations take advantage of differing deployment models…
According to IDC, global spending on public IT cloud services will be more than $40 billion this year, with a CAGR of more than 25 per cent. This represents a significant shift for businesses from the ‘testing/development’ stage towards a much broader adoption and deployment of cloud solutions…
Read more from the source @ http://www.ciol.com/ciol/experts/187890/cloud-computing-emerging-trends