The International Data Corporation, also know as the IDC has predicted that revenue for cloud computing server hardware revenue will grow. Experts have estimated spending to rise to $718 billion by 2014, up from $582 billion in 2009.
“Many IT decision makers are seriously considering cloud computing as a way to dramatically simplify their sprawling virtual and physical infrastructure,” said Katherine Broderick, research analyst, Enterprise Platforms and Datacenter Trends at IDC. Cloud server systems growth is expected to reach $5.7 billion in 2014, up from $2.6 billion in 2009, and that 44 per cent of respondents are willing to pay for a private cloud computing system.
Is cloud computing going to cost more than regular dedicated hosting in the long run? What do you think the long term costs of cloud servers will be? It’s hard to believe that cloud hosting data centers would be losing money on that.