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Cloud Computing - The Next Wave for Technology Investors

TAKEAWAY:
The buzz word drum is increasingly pounding for "cloud computing." Articles are popping up around the Web saying that cloud technology is the new thing to watch. A Financial Post article discusses a recent research note by Merrill Lynch that pointed to cloud computing as a $160-billion "addressable market opportunity." Cloud computing has much to do with SaaS, serving as a kind of a platform for on-demand applications. Ten companies lead the field in cloud computing but more are sure to follow for competition in that list.

Source: Financial Post
Tag: Software as Services
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