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  • Thursday, July 14, 2011, 2:04 PM In-Stat believes the market for "infrastructure as a service" (IaaS), which involves providing IT resources over the Web, will grow to $4B by 2015. Rackspace (RAX) and Amazon (AMZN) should be among the companies with the most to gain - Cowen's Jim Friedland believes Amazon Web Services could produce $4B in 2016 revenues.
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  •  
    I think we called this utility computing in the 80's if my memory serves me well. These consultancies need to constantly create marketing spin to make themselves relevant as well as to bury the past - their predictive record on future trends tends to be exponentially wrong although they usually get the general trend right.

    Ecclesiastes 1:9
    New International Version (NIV)

    What has been will be again,
    what has been done will be done again;
    there is nothing new under the sun.
    14 Jul 2011, 03:13 PM Reply Like
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