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.