What the Future Holds for Cloud Computing
May 2, 2013
Grazed from ERPCloudNews. Author: Christopher Allen Samson.
When it comes to the future of technology, cloud computing is seeing a massive growth for many reasons. Most individuals and companies that have adopted cloud services are reporting positive experiences and results, which are helping this area to grow at a fast rate. Over the next four years, it is expected that spending for public IT cloud computing services will near $100 billion.
The annual growth rate is expected to be 26.4 per cent, which is five times that of the traditional growth of the IT industry. More and more leaders in business are shifting to using cloud services over other IT applications…
Transformation in Progress
Currently, the IT industry is undergoing a major transformation period. Many companies are now investing in new technology that will help drive the innovation and growth over the next two or three decades. By the time this decade is over, it is anticipated that nearly 80 per cent of the growth within the IT industry, as well as the highest gain in value overall in business technology will be from cloud services along with other types of third platform technologies…
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