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Top 10 predictions for 2011

Public cloud services adoption will grow at over five times the rate of the IT industry. 2011 will be a big year for private cloud services adoption and deployment. The platform-as-a-service (PaaS) battle will determine ‘the next Microsoft’. Battle for hybrid cloud management.

BRIC (Brazil, Russia, India And China ) trade war

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Investors will no longer believe that the United States will eventually get its fiscal act together and push up high interest rates, forcing quicker fiscal adjustment than might be prudent for the nascent recovery. The depreciated dollar will not be tolerated,in QE3 or early QE4 BRIC (Brazil, Russia, India And China ) will take matters into their own hands and put tariffs on to US goods flowing into their countries.

But all of this will lead to Death of cloud computing by 2012. Worldwide IT spending will be $1.6 trillion. Growth of 5.7% in 2011, down from surprisingly strong 6.4% in 2010. Hardware growth of 7.8% – driven by converged mobile devices, networking equipment, and PCs. Rebound in software (5.3%) and services (3.4%).

The views expressed are those of the author and are not necessarily those of the CEOWORLD Magazine. Follow CEOWORLD Magazine on Twitter @ceoworld and Facebook ceomagazine.
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Editor, Todd Aitken

Deputy Managing Editor at CEOWORLD Magazine
Todd Aitken is the deputy managing editor of The CEOWORLD Magazine. He joined the website as an assistant editor in 2012, a role in which he directed day-to-day editorial coverage.He is a veteran business and technology blogger, journalist and analyst. Todd attended Hamilton College and is a graduate of the New York University (NYU).

He is responsible for overseeing newsroom assignments and publishing, and providing support to the editor in chief.
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