Is Cloud Computing a Threat to Older Tech Companies? | Leomoo ...

In 2012, the Informational Data Corporation (IDC) made some pretty bold predictions regarding the development of a new high-tech industry in the convergence of social networking, ? cloud-based computing and data storage.

The IDC suggested that many industry giants may scramble to maintain relevance, while some startups would gain leadership positions in what some anticipate will be the technology industry?s fastest transition ever.

Today?s major players may be in trouble if they don?t prepare for change.

Spending on the new technologies will reach nearly $700 billion, or about 20 percent of the $3.5 trillion in hardware, software, and services spent on information technology worldwide, IDC said. Since a lot of spending in the sector goes toward maintaining older systems, such a share for relatively new technologies is a surprising speculation. Spending on these new technologies is growing six times faster than traditional computer servers and personal computers, the IDC said, and by 2020 will be 80 percent industry growth.

Much of the new development will also take place in emerging markets such as China. The IDC predicted that 28 percent of overall spending, and 53 percent of the industry?s growth, would come from outside the United States, Japan and Western Europe. By mid- 2012, China is expected to be the world?s second largest consumer of information technology, eclipsing Japan.

Among the notable claims

We recommend you visit the following site for more complete information and related topics. Article source: http://www.ctpost.com/business/article/Is-Cloud-Computing-a-Threat-to-Older-Tech-4294938.php

Source: http://leomoo.com/2013/02/is-cloud-computing-a-threat-to-older-tech-companies/

manson bubba watson recent earthquakes fbi most wanted list stuttering james van der beek dyngus day