An October 21, 2011 report by the industry researcher International Data Corporation (IDC) positively confirms what IT developers and IT development followers’ previous prediction of an immense increase in the use of cloud-computing systems.

The new forecast entitled, “Worldwide Enterprise Storage for Public and Private Cloud 2011-2015–Forecast: Enabling Public Cloud Service Providers and Private Clouds” reveals that overall spending by public cloud service providers on storage hardware, software, and professional services will increase at a Compound Annual Growth Rate (CAGR) of 23.6 % from 2010-2015, while enterprise spending on storage for the private cloud will experience a CAGR of 28.9 %. By 2015, combined spending for public and private cloud storage will be $22.6 billion worldwide.