This Chart From IBM Explains Why Cloud Computing Is Such A Game-Changer

April 5, 2014 Off By David

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…



What is it that has all of the biggest tech players drooling? This chart that IBM sent to its investors explains it all. To summarize, IBM says …

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