cloud computing statistics Archives

New private cloud computing technology has potential for powerful results

06/23/2011 Sam Lambert

Cloud computing, which has skyrocketed over the past four years from its beginnings as strictly a public computing utility model, having now also reached the level of private clouds, as further innovation through open source technologies are increasing cloud potential. Cofounder and CTO Rich Wolski of Eucalyptus Systems said that while public clouds are still being considered a significant breakthrough in technology, “Private clouds have emerged as being almost equally as important.” Among the most notable recent innovations that are allowing this evolution to occur are from a research group…

IDC Report predicts spending on IT Cloud Services will hit $72.9 billion in four years

06/21/2011 L. Green

The IT analytics firm, IDC, has announced its forecast that cloud computing will be changing the landscape of IT between now and 2015, and that by that time, at its current compound annual growth rate (CAGR), its spending will reach $72.9 billion. This CAGR of 27.6 percent is expected to achieve that total by the end of that year, which is tremendously greater than last year’s $21.5 billion. However, IDC has noted that while this growth is important, the impact of IT cloud services will reach far beyond mere spending.…