Here are some of the main ways businesses are benefitting from cloud computing:
According to an International Data Corporation (IDC) forecast (link resides outside ibm.com), worldwide spending on the whole cloud opportunity (offerings, infrastructure and services) will surpass USD 1 trillion in 2024 while sustaining a double-digit compound annual growth rate (CAGR) of 15.7%. Here are some of the main ways businesses are benefitting from cloud computing: