Tuesday, November 3, 2009

Gartner Group Projects $150 Billion Cloud Computing Market by 2013

eWeek, in its coverage of the well-attended  Cloud Computing Conference & Expo  reports that Cloud Computing is projected to become a very big business very soon. Gartner analysts in March 2009 said global cloud services revenue could move beyond $56.3 billion this year—from $46.4 billion in 2008—and grow to $150.1 billion in 2013. IDC was more tempered in its projections, calling for worldwide spending on cloud services to reach $42 billion by 2012.

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