Obtaining computing power from somewhere other than a privately owned data center or on-site room of servers is an increasingly big business. Gartner Research has predicted that, for the first time, the worldwide IT outsourcing market will surpass a whopping $250 billion in 2012, according to an article by eWEEK’s Chris Preimesberger.
IT platforms available through cloud services are an important factor in this growth.
“The fastest-growing segment within the worldwide ITO market is cloud compute services, which is part of the cloud-based infrastructure as a service (IaaS) segment. Cloud compute services are expected to grow 48.7 percent in 2012 to $5 billion, up from $3.4 billion in 2011,” Gartner wrote.