Will Cloud Computing be a $100 Billion Market
November 16th, 2008
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Do you think Cloud Computing will hit $100 billion? When? Merrill Lynch thinks it will pass $100 billion and by 2011 it will be worth $160 billion in combined business value and advertising. They also expect that cloud computing will be the next wave of investment for venture capitalists.
Merill Lynch figures right now that 10 companies are the big boys. It will be interesting to see how it plays out. They see VMWare and Citrix as major players which I don’t quite see. They own the vitalization market but cloud computing is a lot more that virtual servers.
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