Friday, January 1, 2010

Cloud Development Instrumental in IT Recovery for 2010

IDC, the tech industry analysts, have come out with their predictions for 2010 – and it’s a model that heavily involves the development and growth of the Cloud.

First some general IT industry forecasts:

- growth is expected to return to the IT industry, and IDC is forecasting a more than 3% expansion for the year; the industry will see spending levels rise once again (but to 2008 levels) to $1.5 trillion;

- emerging markets such as China, India and Brazil will lead IT recovery, growing 8-13%, while mature markets like the U.S. and Europe are to remain relatively weak and vulnerable to risk factors;

- small and medium-sized businesses, another important form of “emerging market” for the IT industry, declined by about 3.5% this year…but expect this sector to grow in 2010 by 3.5%. Growth among SMBs will be higher than large enterprises.

What role the cloud will play:
- For the IT industry, 2010 will be a huge year for the continuing build-up and maturing of cloud services delivery and consumption, according to IDC. Look for “enterprise grade” cloud services to emerge in order to support the “more demanding security, availability, and manageability requirements of traditional IT” in cloud services.

- The year will be marked by seven distinct cloud trends:

Read Full Article Here:
http://in.sys-con.com/node/1232970

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