Thursday, June 16, 2011

Cloud Market Already Surpasses $40 Billion

Gartner predicts the global cloud marketplace as a more broadly defined, the firm predicts that the overall market for cloud services has already surpasses $40 billion, and will grow to over $150 billion annually by 2013.


This was brought to my attention by John Panzica, Sr. VP of Sales and Marketing of FiberMedia Group while attending SIFMA yesterday.  The context was discussed in conjunction with the company’s Managed Data Center-as-a-Service offering.  What is most interesting is that FiberMedia’s service leverages cloud infrastructure to provide business continuity and disaster recovery solutions for its clients located both within its own data center facilities as well as others.  The key here is modular growth. 


Companies that require space, power and technology to support its business can’t always assess exactly what they need – as needs change – daily.  This Managed Data Center-as-a-Service enables companies to grow organically and efficiently without spending on unnecessary compute power as well as colocation.  


In less than 2-weeks I will be addressing nearly 400 attendees at the  Telecom Exchange being held on June 29th at Cipriani’s Wall Street.  Technology Trends being my ‘track,’ there is no doubt that cloud trends and future visions will be key topics.  I hope you’ll come join me and nearly 100 exhibiting companies as we discover new business opportunities and identify the next wave of technology requirements for businesses, end-users and more.


For more information about FiberMedia Group, visit  For information and to register for the Telecom Exchange go to:  Want to share your thoughts on the future of technology?  I want to hear from you – email me directly or share your thoughts here:  ilissa (at)



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