Business NewsMarketWire • Business Spending for Cloud Computing and Managed Hosting to Surpass $13 Billion in 2014, Says In-Stat

Business Spending for Cloud Computing and Managed Hosting to Surpass $13 Billion in 2014, Says In-Stat

Business Spending for Cloud Computing and Managed Hosting to Surpass $13 Billion in 2014, Says In-Stat

SCOTTSDALE, AZ--(Marketwire - January 20, 2011) - Businesses are moving to the cloud, at least as far as their IT spending is concerned. A new In-Stat (www.in-stat.com) report forecasts cloud computing and managed hosting spending by US Businesses will surpass $13 billion in 2014, up from less than 3 billion.

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