SiliconBeat

Over the next five year, spending on cloud-computing services is expected to “grow almost threefold, reaching $42 billion by 2012 and accounting for 9% or revenues in five key market segments, according to a release Monday from market-research firm IDC. ” More importantly, spending on cloud computing will accelerate throughout the forecast period, capturing 25% of IT spending growth in 2012 and nearly a third of growth the following year.”

One of the trends IDC says will accelerate the adoption of Internet-centric computing, which employs an “online delivery and consumption models for business and consumer services”, is the Read the rest of this entry »

Twenty four major federal agencies reported “that they had not yet installed encryption technology to protect sensitive information on about 70 percent of their laptop computers and handheld devices”, according to a survey conducted by the General Accountability Office during the third quarter of 2007.

The security gap exists despite Read the rest of this entry »

Spending on information technology in the U.S. continues to grow but at a reduced ratecompared with last year, according to market research firm IDC, which expects roughly 4 percent growth overall, down from 6 percent. Read the rest of this entry »