Showing posts with label IT Industry. Show all posts
Showing posts with label IT Industry. Show all posts

More than 1/3 of IT Budget Spent on Cloud Computing

Posted by Shoebooks Team in Wednesday, April 18, 2012

A recent development on the online accounting programs, Cloud Computing.

More and more companies are already investing heavily on cloud computing. This is what was revealed in a recent survey of among 1,650 IT and business executives. Furthermore, it revealed that about 34 percent of these companies’ budget for IT is devoted to cloud computing.

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Cloud Computing Will Take Over by 2016

Posted by Shoebooks Team in Monday, December 12, 2011

It has been seen that cloud computing will continue taking the limelight even in the next 5 years. The conclusion was drawn after this said accounting software made it to the top 10 predictions for the IT industry. This was performed by the research body, Gartner.

By the end of 2016, more than 50 percent of Global 1000 companies will be storing their data and information in the cloud. This is a huge increase from the more than twenty percent who are already using the technology today.

However, there have been mixed reactions on this subject. According to Jignesh Shah, Vice President for Business Infrastructure Solutions of Software AG:

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