Cloud FAQ #16: Is the Cloud A Fad?

Cloud FAQ #16: Is the Cloud A Fad?

Cloud FAQ #16: Is the Cloud A Fad? IT analyst firm Forrester Research thinks cloud computing is here to stay. Forrester predicts that the worldwide market for cloud computing products and services will reach $241 billion in 2020, up from $40 billion 2010. The bulk of that growth will happen in the market for private cloud services, followed by public cloud services and then hybrid cloud services. Put another way, Cloud solutions will be so entrenched by 2012 that 20 percent of businesses worldwide will own no IT assets whatsoever. SO is it a fad or is it here long term? The answer is clear… Cloud is here long term and it should be part of your business model. For more cloud info visit channelprosmb.com/cloud