inExpensive Software on Demand
On February 24, 2007, the day the term “cloud computing” was coined. Why is it important for consumers, business owners in the SMB and large sector and what are the key points you need to know about it?
According to Merrill Lynch: Cloud Computing Market Will Reach $160 Billion by 2011 … “The estimate includes $95 billion in business and productivity applications and the remaining $65 billion to be spent on online advertising”. Where it is 100B or 150B, it is am massive business considering an Adobe, a giant in the software industry has a Market Cap of 18B.
Even U.S. President Barack Obama’s administration is keen on cloud computing. We all need to cut costs and as we all know, good hardware is not cheap and does become out of date by the time you have it up and running. Then you need to make sure the software and its licence costs are accessible for use by your staff and fully functional.
The way to manage all of this in a scalable, cost effective way whilst having access to cutting edge hardware and software is here. We all use it and yet most of us don’t even realize it: Cloud Computing.
