9th Annual Cloud Expo Silicon Valley to host industry leaders
Friday, October 31, 2011 10:41:44 AM
Now that the cloud computing industry has met and exceeded projections of growth from years prior, the top executives in the field are beginning to brainstorm in hopes of paving the way for even more success in the coming years. CenterBeam recently reported that the 9th annual Cloud Expo Silicon Valley will take place in the coming weeks.
At the expo, members of the cloud industry elite will discuss what has fueled the success of the technology, and what comes next. Sys-Con executive Jeremy Geelan has invited these distinguished members of the IT sector to evaluate the general consensus of how the cloud can be advanced further, and reach adoption rates at a higher pace.
Some of the latest projections have been steady for the industry. For example, the International Data Corporation projects the cloud industry to grow from a $3.8 billion and 600,000 unit market in 2010, to $6.4 billion and more than 1.3 million units by 2014.
"Big data's growing ease of deployment and management enables IT to actually mine and analyze data to make real time apps and business decisions," vice president of marketing at Yottaa William Toll told the website. "Data integration platforms expand their capability to pull data from across environments - powering growth to companies that leverage their new data and analytics wealth."
The vice president of Platform Research, Peter Coffee, will also be in attendance at the event. Coffee expects the cloud to grow alongside the booming tablet industry, as the two technologies have begun to work more closely over the past year. To create a slimmer tablet model with enough storage space and software, many manufacturers use the cloud and are met with great success.
In September, USA Today published an article explaining projections from Forrester Research that estimate tablet revenue to double this year. Additionally, the firm projects the device to be owned by more than a third of the U.S. population by 2015, potentially delivering the definitive blow to personal computers and the most popular technology of the past two decades.
Gartner also projects the cloud to eventually move into a more dominant role in regard to SaaS, and specifically cloud-based email systems. The firm notes that the cloud currently represents less than 10 percent of the enterprise email seat, though by 2020, it expects the technology to account for more than half worldwide.
-McAfee Cloud Security
