How Big Is The Ecosystem Growing On Clouds?


Letting go of infrastructure is hard, but once you do – or perhaps more precisely, once you can – picking it back up again is a whole lot harder.

This is perhaps going to be the long-term lesson that cloud computing teaches the information technology industry as it moves back in time to data processing, as it used to be called, and back towards a rental model that got IBM sued by the US government in the nascent days of computing and compelled changes in Big Blue’s behavior that made it possible for others to create and sell systems against what was, technically speaking, a regulated monopoly….

This is an industry at a peculiar point in its history, one where the market is growing at over 50 percent during the fourth quarter, with over $8.2 billion in revenues according to statistics from Synergy Research Group and still growing at over 50 percent.

Read more at The Next Platform