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Cloud Computing Spend Set To Rise

Spending in the fledgling cloud computing sector looks set to increase, after an expert predicted that organisations would need the technology to grow in the future.

IT expert Siamak Farah warned that companies avoiding the deployment cloud computing will not see much growth this year. Farah also said that using cloud computing technologies, such as remote servers, could help organisations to reduce costs, work in a flexible environment and facilitate quick access to software updates.

A report released by In-Stat titled 'US Business Spending by Size of Business and Vertical, 2009-2014: Cloud Computing and Managed Hosting Services' predicted that the cloud computing market could grow to $13 billion by 2014.

Greg Potter, a research analyst, told Comms-Express: “Although spending across all sectors and size of business is projected to grow, there are some segments where growth will be staggering.”

Small businesses and home office businesses are also expected to help the cloud computing market to grow over the next 12 months.