In-Stat Forecasts Growth in All Public Cloud Service Segments Overall public cloud computing (IaaS, SaaS, and PaaS) is set to grow 153% from 2010 to 2015, according to a new In-Stat research, Cloud Computing and Managed Hosted Services: US Business Spending by Size of Business and Vertical, 2010-2015. The research indicates that IaaS (infrastructure as a service) is set to grow to roughly $4 billion by 2015 and SaaS (software as a service) will grow 142% between 2010 and 2015. In-Stat has identified small business (5 to 99 employees) as the fastest growing size segment growing from $2.5 billion by
business cloud computing
Where Is Cloud Computing Going? Up, Up And Away! “An invasion of armies can be resisted, but not an idea whose time has come.” – Victor Hugo (1802-1885), celebrated French author. Going by recent reports, cloud computing is indeed an idea “whose time has come.” First, the figures. According to a report published by market research firm In-Stat, by 2014, businesses in the United States will spend more than $13 billion on cloud computing and managed hosting services. This is in comparison to a trifling $3 billion at present. SaaS (Software as a Service) spending is expected to grow 112
