Cloud to Replace On-Site IT Spending

Cloud computing will grow at the expense of other IT ventures as more companies funnel their spending toward deployment, according to new analysis from Saugatuck Technology Inc. In a research report entitled “Key SaaS, PaaS and IaaS Trends Through 2015 – Business Transformation via the Cloud,” Saugatuck anticipates 65% or more of new enterprise IT spending to be cloud-based by 2015. Within the next four years, one quarter of total enterprise IT workloads will be cloud-based or hybrid, and 15% or more of enterprise spending will be cloud-based or hybrid, according to...READ MORE