February 15, 2011 — The battle to corner the market in cloud services is heating up. Companies across the globe are developing new strategies to get ahead in an industry that could be worth billions in the near future. However, revenues from cloud computing are as elusive as the concept is intangible and, for the moment at least, there is far more talk than action.
Given the amount of noise surrounding cloud computing it’s easy to forget just how new the concept is. Amazon.com began offering services in 2006 and since then, according to technology consultant 451 Group, it has “almost single-handedly moved cloud computing to the center of the IT innovation agenda.” Read More