Cloud Computing Entering Period of Accelerating Adoption

Last week I made a post on a Gartner Survey that showed increasing SaaS momentum in the economic down-turn. Well, the industry analyst seem to be tumbling all over each other to report on the accellerating pace of SaaS adoption, especially in relation to the current situation.

A couple of days ago IDC published a press release on cloud computing and how it is reshaping the IT marketplace.

Some major points I think are very interesting:

  • Cloud computing is “crossing the chasm” and entering a period of widespread adoption
  • IDC expects the cloud adoption trend to be amplified by the current financial crisis
  • IT cloud services to grow almost threefold, reaching $42 billion by 2012
  • More importantly, cloud computing will account for 1/3 of IT growth in 5 years