Cloud Market Will Be Worth $121 Billion By Next Year

A recent report from market research firm Markets and Markets reveals that the cloud market is expected to grow to $121 billion dollars by 2015: a 26% compound annual growth rate from the $37 billion value in 2010.

A large proportion of the growth of the cloud services sector is being driven by rapid adoption of Software-as-a-service platforms, which are saving businesses on the cost of licensing, management, and deployment of software and hardware for...

Global cloud market will be worth $121bn by next year, report finds

A recent report from market research firm Markets and Markets reveals that the cloud market is expected to grow to $121 billion dollars by 2015: a 26% compound annual growth rate from the $37 billion value in 2010.

A large proportion of the growth of the cloud services sector is being driven by rapid adoption of Software-as-a-service platforms, which are saving businesses on the cost of licensing, management, and deployment of software and hardware for...

Cloud Marketplaces Help Cut Through Confusing IaaS Pricing

A recent study from 451 Research reveals some interesting facts about the nature and complexity of cloud pricing. In theory, one of the major benefits of using the cloud is that on-demand pricing makes it easy to know exactly how much a company will be spending and avoid large-scale capital expenditure. That’s certainly true, but the cloud space has yet to develop into a fully mature market, which means that companies have to tangle with wildly different pricing models and...

Homomorphic Encryption May Help Alleviate Cloud Security Concerns

The cloud has proven to be a boon to businesses of all sizes, from startups to enterprise companies. The cloud has improved the economic efficiency of many business critical processes, but in the early days of cloud computing there was considerable (and valid) concern from businesses who for security and regulatory purposes needed to keep their data private. Many were not comfortable with allowing business sensitive information to reside on the servers of a third party. The cloud...