Cloud demand is driving big industry growth

04/27/2011 | CIO.com

The three leading cloud categories -- infrastructure-as-a-service, platform-as-a-service and software-as-a-service -- will help spur a sixfold increase in the cloud sector over the next decade, pushing revenues to $241 billion by 2020, according to a report from Forrester Research. More than half of this year's projected $40.7 billion market is expected to be driven by public cloud development, Forrester says.

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