Swelling Business Volume of Cloud Computing Business Across the Globe Many research and studies verify the fact that the volume of the cloud computing business is swelling exponentially across the globe – the growth rates are unprecedented and unexpectedly high. Among such reliable studies, Gartner research and Market Research Media group a few to name – from the results of these studies, it has been found that the growth rate of the volume of business based on cloud computing is much more than the expected. Forrester Research reveals that the volume of cloud computing business would reach $241 billion in
merger
Cloud Sherpas and GlobalOne Merge in a Meeting of Equals Consolidation in industry takes two routes – mergers and acquisitions. Not surprisingly, they are often tagged together as M&A. While the cloud computing industry has seen a lot of acquisitions in recent times (See: Some Recent Cloud Computing Acquisitions – I and What Will The Taleo Purchase Bring To Oracle? ), mergers have been conspicuous by their absence. Although companies have entered into partnerships, these have been temporary arrangements (See: Recent Cloud Computing Team Ups – III). However, all that is set to change with the recently announced merger of
