Friday, October 16, 2009 - The Progress & Freedom Foundation Blog

Cloud Computing to Grow Rapidly

This Microsoft-funded study projects that, by 2013, cloud computing will have added $800 billion in net new business revenues for the 52 countries surveyed (over 2009 levels). The growing economic importance of the cloud is likely to increase pressure for government involvement. As President Reagan said: "Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it."

IT Spending Forecast

posted by Berin Szoka @ 12:40 PM | E-commerce