Tuesday, October 8, 2013

Cloud market revenue could reach $20B by 2016

Clouds are moving targets. They also change shape constantly. This may explain why so many different cloud market projections keep drifting into view.

The latest study predicts that revenue from the cloud computing market could reach $20 billion by the end of 2016. That is the word from 451 Market Monitor, a division of analyst house 451 Research, in its just released study, "Cloud Computing 2013 Overview Report."

(Read my complete article at FierceEnterpriseCommunications)

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