Wednesday, January 19, 2011

Software as a Service: $13 Billion Revenue in 2014

Cloud computing and managed hosting spending by U.S. businesses will surpass $13 billion in 2014, up from less than $3 billion.

“Although spending across all sectors and size of business is projected to grow, there are some segments where growth will be staggering,” says Greg Potter, Research Analyst. “The professional services and healthcare verticals will see the largest growth in spending on cloud computing services, growing over 124 percent between 2010 and 2014.

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