Cloud computing is a buzz word in recent times. In cloud computing, the internet can be used to store data and to run programs. With this new mode of computing, the tangible servers can be accessed via internet.
For its unmatched merits, the innovative computing is adopted by most of the companies. In the current year, 7% of content is stored using the computing. Around 36% of content is expected to be stored by 2016.
Global market for this mode of computing will increase from $40.7 million to $241 million by 2020. Forrester Research expects that most of people who use computer based softwares will shift to cloud computing by 2020.
On the other hand, Forbes study reports that 79% of companies say cloud computing costs extremely lower than their original estimations.
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