Infrastructure as a Service to Grow to Reach $4 Billion by 2015

The cloud is a set of services and technologies that enable the delivery of computing services over the Internet in real time, allowing end-users instant access to data and applications from any device with Internet access. Although still in its infancy, gaining traction has not been a problem. New In-Stat (www.in-stat.com) research,Cloud Computing and Managed Hosted Services: US Business Spending by Size of Business and Vertical, 2010-2015, forecasts that IaaS (infrastructure as a service) is set to grow to roughly $4 billion by 2015. read more