Close Menu

Cloud-computing market set to burst

The selling points for cloud services are that it frees companies from having to spend big on technology support and nullifies geography as a barrier to in-house information, which can be plugged from the cloud as needed.

The growth of the cloud market suggests companies are buying the pitch.

The market for global cloud-computing services is projected to double from US$68.3 billion in 2010 to US$148.8 billion by 2014.

Data suggests that 81 per cent of businesses globally are either evaluating, planning, implementing, or have already adopted a cloud strategy, as highlighted at a conference hosted by Mona School of Business (MSB).

Click here for full article.

Top of Page