Optimists expect cloud computing stocks to repeat last year's strong performance in 2011....

|By:, SA News Editor

Optimists expect cloud computing stocks to repeat last year's strong performance in 2011. Skepticism is healthy here - but Gartner estimates cloud software providers will see a revenue jump of 16.2% this year, up from 2010's 15.7% growth rate. That beats its estimate for overall IT spending growth, which it predicts will be 5.1%.