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Cloud computing will top $14 Billion by 2014
By siliconindia
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Tuesday, 10 November 2009, 17:14 IST |
1 Comments
San Francisco: Revenue from Internet-based 'cloud computing' will top $14 billion annually by the end of 2013. According to Gartner, revenue from businesses using software programs hosted online as services in the Internet cloud should tally $7.5 billion this year, a 17.7 percent leap from 2008.
The trend towards cloud computing, or Software-as-a-Service (SaaS), has accelerated during the economic crisis. Cloud computing lets firms essentially rent text, spreadsheet, calendar or other programs as needed and avoid the cost or buying, installing, updating and maintaining software on workplace machines.
"The adoption of SaaS continues to grow and evolve within the enterprise application markets," said Gartner Research Director, Sharon Mertz. Vendors are responding to the growing market by expanding various kinds of business computing services hosted online. Microsoft on Monday announced a pact with Taiwan's Chunghwa Telecom (CHT) to collaborate on cloud computing services.
"The companies will work together to deliver a new generation of seamless, connected experiences that bring the power of cloud computing to consumers and to business in Taiwan," said Microsoft CEO, Steve Ballmer. Joint efforts will include a datacenter optimized to host online services for businesses and new cloud offerings for users of personal computers, smartphones, and televisions.
"We hope that our strategic alliance with Microsoft will result in a more convenient mobile experience for consumers," said CHT CEO, Shyue-Ching Lu. "The combination of Microsoft's innovative technologies and CHT's resources is intended to accelerate the application of cloud technologies on actual services, bringing consumers convenient services and fresh user experiences."
