Cloud Computing set to "Skyrocket" Driven by the Economy

http://www.forbes.com/sites/joemckendrick/2011/10/04/cloud-computing-set-to-skyrocket-driven-by-economy-survey/

This article reports some very interesting results of a survey conducted by KPMG International and Forbes Insight of 900 executives. The survey reports that 81% say their organizations have already moved at least some business activities to the cloud and expect 2012 investment “to skyrocket, and economic factors were cited by 76% as an important driver for cloud adoption. The following statement sums it all up for me and as an entrepreneur, I find this very encouraging.

“Cloud is transformative in that it is creating new business opportunities as companies harness its power to efficiently facilitate new revenue, services and businesses. It is breaking down barriers in the supply chain, creating more effective and timely interaction between clients and suppliers. It is delivering speed, agility and cost reduction to IT and other functional areas within the enterprise. The transformative impact of cloud can readily be seen across the enterprise in areas from HR, CRM, and IT infrastructure.”