If cloud storage was one of the few bright spots in information technology in 2011, the trend is likely to continue through 2012, for many of the same reasons, analysts and vendors say. Predictions for 2012 in the area of cloud storage include continuing support by small- and medium-sized businesses; improved linkages between public cloud services, private cloud services, and local storage; reduced costs due to increased competition; and revenue projections of more than $ 1 billion for Amazon Web Services alone.
Network Computing