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.
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%).Track Latest News Live on CEOWORLD magazine and get news updates from the United States and around the world. The views expressed are those of the author and are not necessarily those of the CEOWORLD magazine.
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