Cloud Computing Accepted by More Small to Midsized Companies

February 27th, 2014 by admin

Corporate Spending on Cloud Computing is increasing by leaps and bounds according to a report from HIS Technology. Cloud related tech spending by business is forecast to triple from 2013 to 2016 with enterprise business spending on Cloud Computing projected to be $235 billion. This year global spending for Infrastructure and services related to the Cloud will reach an estimated $174 Billion. Cloud services, applications security and data will account for an ever bigger portion of the total technology spend for most businesses valued today worldwide at about $2 Trillion.

This robust growth can be attributed to an increasing number of large and small enterprises moving more of their applications into the Cloud. Cloud Computing lets consumers, business and organizations access resources from remote devices including iPad, iPhone and Android devices as well and standard PC's and Virtual Desktops.

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Posted in: Cloud Computing (Hosting & Colocation)