Cloud Market

Why Cloud Computing Is The Most Disruptive IT Force

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Cloud computing is one of the most disruptive forces facing the Information Technology sector. This statement is not without justification. Let’s cast a glance at the enormity of the phenomenon. According to the Bain & Company research report “The Changing Faces of the Cloud,” globally, the cloud IT market revenue is projected to increase to $390 billion in 2020 from $180 billion, translating into a compound annual growth rate (CAGR) of around 17%.

The report also points out that cloud demand accounted for 70% of related IT market growth in 2015. Moreover, 48 out of Fortune Global 50 companies have announced plans for cloud adoption for a range of IT applications. Read more click here

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