There is no doubt cloud computing is the future of data storage.
Big name tech companies like Amazon.com, Inc. (NASDAQ: AMZN), Salesforce.com, Inc. CRM 1.85%, International Business Machines Corp. IBM 0.16%, Microsoft Corporation (NASDAQ: MSFT) and Oracle Corp (NYSE: ORCL) are investing billions of dollars setting up cloud infrastructure.
Why? Because the cloud will be big, and everyone knows it.
How Big?
Web hosting provider QuoteColo recently took cloud projections from Gartner, Cisco Systems, Inc. (NASDAQ: CSCO), Microsoft and other sources and compiled the estimates with its own data to come up with projections for exactly how much the cloud computing space will grow in upcoming years.
The statistics are staggering.
According to QuoteColo’s infographic, there will be nearly 2 billion global consumer cloud storage users by 2018, including 252 million in North America, 267 million in Europe and more than 1.17 billion users in Asia.
If You Build It, They Will Come
One look at QuoteColo’s cloud spending estimates, and it’s easy to see why so many companies are…
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