Cloud computing services to be $42 billion market by 2012, says IDC(0)
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 »
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