Ovum expects the market for public (externally hosted) cloud services to grow at a 29.4% annual...

|By:, SA News Editor
Ovum expects the market for public (externally hosted) cloud services to grow at a 29.4% annual rate from 2011 to 2016, eventually reaching a size of $66B. The markets for IaaS cloud solutions such as those from AMZN and RAX, and PaaS solutions such as CRM's Force.com, are expected to grow even faster. (also)