What is Cloud Computing? |Fast Facts | | Situation | With cloud
computing, users can reduce the cost of buying and maintaining
both hardware and software, while organisations can create new
opportunities and boost efficiency. | Enabling technology |
Cloud computing enables SMEs to grow by lowering costs and
increasing productivity and market opportunities. - Microsoft’s
study on the Economics of Cloud Computing concludes that
improving efficiencies will result in costs savings of 80% for
many users, over time. - Gartner1 estimates the worldwide market
for cloud services was worth €41,77 billion in 2009 and that by
2014, the market will be worth €106,7 billion. - The Centre of
Economics and Business Research released a repor2 stating that
cloud computing will add €763 billion in productivity to the top
economies over the next five years. Efficiencies of scale
Innovation in the computing industry continues to provide new
opportunities for society, from a “PC in every home” to “cloud
computing.” This recent, neb