Monday, June 20, 2011

IDC: Public cloud market will hit $72.9 billion in 2015

Clearway has invested over 3 years to date in its Cloud strategy and anticipates based on the latest figures that investment will continue to grow.


Public cloud computing services will be a $72.9 billion market in 2015, up from $21.5 billion in 2010, according to IDC.

That growth equates to a compound annual growth rate of 27.6 percent, but IDC estimated that public cloud computing will fuel the information technology industry for the next 25 years.


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