A Quick Review of Cloud

by Haydn Shaughnessy on December 29, 2011

CloudA great, short piece on Forbes.com recently, written by Ana Cantu at Dell, looked back and forward at Cloud: Interesting note:

According to a recent Carbon Disclosure Project report, companies that streamline operations to improve IT performance will not only reduce capital expenditures but they’ll shrink energy consumption and carbon emissions. The group estimated that, by 2020, U.S. organizations that move to the cloud could save $12.3 billion in energy costs and the equivalent of 200 million barrels of oil.

The article is well worth two minutes of your time. Here are some data:

In 2009, revenue for cloud services was just over $58.6 billion. In 2011, IT spending is expected to top $2.6 trillion. And with cloud computing accounting for just 2.3 percent of that global market, there’s plenty of room for growth. The research firm Gartner projects that revenue for cloud services will approach $152.1 billion in 2014.

About Haydn Shaughnessy :

Haydn Shaughnessy is a Senior Advisor with Bearing. He speaks and advise on innovation and transformation, having studied the topics since the early 1980s. He advises companies and organizations on the latest thinking and practice in these areas and in particular about the elastic enterprise, the strategies that have propelled companies like Apple and Google to global leadership in their fields.

Haydn is a research fellow at The Paul Merage School of Business's new Center For Digital Transformation, a fellow at the Society for New Communications Research, a Senior Adviser at Bearing Consulting, and a Forbes contributor.

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