According to Forrester Research, the global cloud computing market is expected to reach $241billion in 2020 compared to $41 billion in 2010.
The increased dependency upon businesses to rely on cloud computing across all organizational departments continues the transform the business landscape. Managers are responding to the real opportunities that the cloud offers to develop new business models, forge closer ties with customers and tap into the expertise of employees and partners. Cloud computing a technology that was initially conceived for efficiency and cost savings, the cloud will evolve and emerge into an innovation powerhouse. We view this dynamic shift in business as an investable opportunity for our clients.