Source: Electronics Weekly
As more businesses move their information technology services to the cloud revenues are predicted to increase three-fold from 2011 to 2017, according to market-watcher IHS Technology.
Global business spending for infrastructure and services related to the cloud could be $174.2bn this year which will represent a 20% growth on 2013.
By 2017, enterprise spending on the cloud is predicted to be a mouth-watering $235.1bn.
