from VentureBeat. Author: Paul Miller.
The cloud computing market continues to explode. It will expand nearly six-fold by 2020, making it one of the fastest-growing industries on the planet: Forrester last year predicted market growth to $241 billion by the end of the decade, from $41 billion.
With healthy competition between incumbents and ambitious startups, it’s unlikely any single player will dominate for the foreseeable future. And yet, the hype blitz around big vendor showcase events is almost enough to persuade us they really do sell everything we’ll ever need…
The truth is rather more nuanced.
Private, Public, or Hybrid? Yes
Big business has not rushed headlong to the public cloud. Existing investments in corporate data centers play a role here. These non-public cloud contracts may take years to reach the end of their life…
Read more from the source @ https://venturebeat.com/2012/09/25/one-cloud-to-rule-them-all-not-likely/