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IDC: Economic Crisis to Bolster Cloud Computing
PC World Latest Technology News — ... that people use over the Internet and cloud computing as an emerging IT development, deployment and delivery model that enables real-time delivery of products and services over the Internet. Spending on cloud computing will capture 25 percent of IT spending growth in 2012 and nearly a third of growth in 2013, IDC predicts. Moreover, by 2012 almost 10 percent of customer spending on IT will be on cloud offerings, including software as a service and cloud storage, Gens said in video about the report posted to the IDC Web site. While the definition for cloud services does ...

IDC Says IT Cloud Services To Reach $42 billion by 2012
InformationWeek - All Stories And Blogs — ... , Oct 20, 2008 07:54 PM [image] Based on a survey of IT executives, CIOs and other business leaders, IDC said this week it expects spending on IT cloud services to grow almost threefold in the next 5 years, reaching $42 billion by 2012. The growth will in part be helped by the current economic crisis that began in the U.S according to a statement by Frank Gens, senior vice president and chief analyst at IDC. “The cloud model offers a much cheaper way for businesses to acquire and use IT -- in an economic downturn, the appeal of that cost advantage will be greatly magnified." ...