The new report indicates that the market for cloud computing services will reach that $222.5 billion market by 2015, fueled by end users modernizing their networking infrastructure, further proliferation of the Internet and the tumultuous economy. Those factors combine to create a perfect storm in which companies will upgrade their networks to cut costs and boost performance, the report indicates.

"Against a background where companies are coerced into recalibrating their communication applications and network infrastructure into cost-effectively supporting distributed IT applications, the importance of cloud computing.......read more