Industry News Desk
Cloud Computing: AT&T Joins Google, IBM, Amazon, Microsoft, Yahoo, Intel, Dell and HP
U.S. Olympic Committee will be one of AT&T's first Cloud customers
By: Cloud News Desk
Aug. 5, 2008 07:00 PM
In a May 2008 report, Merrill Lynch estimated that 12% of the worldwide software market would start using cloud technology in the next 5 years and that the annual revenue for cloud computing will increase to $95 billion in the same period. Now, according to the Wall Street Journal, AT&T has become the latest company to invest in cloud computing.
"Cloud computing's appeal is that it can eliminate a company's need for its own data center. It also lets businesses pay for bandwidth on an on-demand basis.
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