Cloud Computing Is the Number One Technology Trend of 2015

Business Insider recently listed nine technologies that companies will be turning towards in 2015 and cloud computing is number one. Here is why:

For the past few years, enterprises have been slowly shifting away from buying software and hardware. They want to rent it from someone else, hosted elsewhere, paying only for what they actually use. This is known as cloud computing.

By the end of 2014, this trend has turned from a trickle to a stream. In 2015 it will become a waterfall.

IDC predicts that in 2014, companies will have spent $56.6 billion on the cloud, and that the cloud market is growing 22% a year, six times faster than the growth of the whole IT industry. By 2018, companies will be spending $127 billion on the cloud.

Read the whole list here

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