That Boom You Hear Is the Cloud

Cloud computing is creating the new Wall Street boom, according to NIA. The only industry that is as bright as cloud computing on Wall Street is social networking, NIA said in a recent report.
2012 will be known as the year cloud computing became widely adopted worldwide. Cloud computing is expected to create 14 million new jobs globally by 2015. In the consumer space, Gartner predicts cloud services will be on 90 percent of personal consumer devices by 2015 so consumers can store, connect, stream and synchronize content across multiple platforms at different locations. That’s a lot of tunes and apps.
So far this year, there have been three IPOs of cloud computing stocks, and all three IPOs have been major successes, indicating cloud computing is ready for primetime on Wall Street. And where the money goes, jobs follow.

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