According to a recent report published by 451 Research, the costs of companies in the cloud service including infrastructure as a service (IaaS), Platform as a service (PaaS) and software as a service (SaaS), will grow at a CAGR of 36% per year. The market is expected to exceed $20 billion by 2016. In 2012,…

With 30 large public companies collectively representing more than $100 billion in market capitalization and $12.5 billion in estimated 2013 revenue, the cloud computing industry has officially come of age. The combined value of companies listed on the stock exchange operating in the field of cloud computing now exceeds $100 billion, according to Bessemer Venture…