Cloud Computing - the future for 2011 onwards !!

Its believed and predicted that companies would churn out more than 2010 spending in 2011 when it comes to moving on to cloud .Its assumed that Technology companies are likely to spend more in 2011 in a race to harness surging demand for cloud computing and security services.

One of the biggest research and analyst company Gartner is projecting a $130+ billion cloud computing world market by 2013. The same goes with other prediction also and rational behind it comes from the fact that organization have piled up lot of cash during recession time and now is time to pay back by ensuring that companies top brass will be in line with cost cutting measures through cloud computing environment. On interesting news is that Intel Corp., Hewlett-Packard Co. and International Business Machines Corp. led purchases of more than 2,700 companies and still spent only a fraction of the cash piles they accumulated during the recession. and thus they are ready for cloud entrance big way .

lets us keep our fingers crossed and check its reality in 2011 , till then Happy New Year.