Cloud Computing Market Size – Facts And Trends Although estimates of the overall cloud market size vary considerably, the consensus is that cloud computing is growing rapidly. I came across interesting statistics while reading about this topic. Market Research Media, cited in the Bloomberg report, says the cloud market will reach $270 billion in 2020 while Forrester is not that optimistic, predicting last year that the market will hit $241 billion by that time and says the market will hit about $55 billion by 2014. So, what are the trends in the cloud market? Software-as-a-Service (SaaS) offers more growth opportunities
growth opportunities
Benefits of Cloud Computing To Growing Small Companies During its early years, a lot of business owners believed that Information Technology is just a financial liability and not an asset of the company. Most of them settled for the least expensive alternative because they believed that the company will still benefit if they chose the alternative. However, things have changed nowadays. IT is now being recognized by a lot of entrepreneurs as a great tool in their business process. Some of these companies rely on in-house IT infrastructure because they believe they can better control circumstances. When they have control,
Packaging Cloud Computing as an Investment – First Cloud Computing ETF Launched A technology can be considered to have truly “arrived”, become part of everyday life, when an investment vehicle is dedicated solely to it. Cloud computing now enjoys that privilege, with the launch of the first cloud computing ETF (Exchange Traded Fund) on NASDAQ last Wednesday. An ETF is an investment vehicle that holds assets such as stocks, commodities, or bonds, and trades close to its net asset value over the course of the trading day, usually tracking an index. First Trust Advisors L.P., a privately owned Illinois-based investment
New RTP center may draw up to $7.8M in state incentives DURHAM, Jul 09, 2010 (The Herald-Sun – McClatchy-Tribune Information Services via COMTEX) – A subsidiary of IBM is planning to hire 600 workers and invest $3.7 million in a new process service center in Durham’s Research Triangle Park in the next two years. As a result of the project, IBM Lender Business Process Services Inc., a specialty loan processing company, could receive up to $7.8 million in incentive payments from North Carolina state government during the next decade. Gov. Beverly Perdue touted the jobs and facility announcement on Thursday,
Crowdsourced Testing Leader Recognized as Emerging Private Company & On-Demand Pioneer on the East Coast BOSTON, MA–(Marketwire – June 22, 2010) – uTest, the world’s largest software testing marketplace, today announced that it has been selected as an ‘AlwaysOn East Top 100′ winner. The AO East 100 list is comprised of leading East Coast companies pioneering in cloud computing and SaaS, digital media, and green tech. These companies were selected based on their track-record of creating new business opportunities in high-growth markets, establishing significant market traction, and demonstrating leadership amongst its peers. “After examining the companies that are on the
