- Endless possibilities available for the cloud.
- Cloud revenue of $127.5 billion expected by 2018.
- Microsoft’s LinkedIn acquisition will increase content availability and user connectivity.
- IBM’s VMware partnership also building desktop application solutions.
Cloud computing has been evolving since the 1990s when the internet was first commercialized. Since then individuals and businesses have become increasingly reliant upon it for everyday personal and work activities. It's a capability that allows stored data to be accessed virtually anywhere through the internet. As a result of its convenience and lower cost, more and more companies in today's business environment are evolving their technological infrastructures from servers to the cloud.
This shifting landscape has been enabled by technology providers with vast capabilities for providing cloud solutions through the internet. Among the leaders in the industry are Microsoft (NASDAQ:MSFT) and IBM (NYSE:IBM), both of which are taking advantage of cloud opportunities in many new and different ways.
Microsoft and the Cloud
On Monday, June 13, Microsoft announced its acquisition of LinkedIn. With the acquisition, Microsoft will provide one of the most innovative technology integrations for cloud computing in the industry. Already a huge portion of the firm's business, the acquisition of LinkedIn is expected to significantly expand its cloud market share and revenue along with its cloud capabilities.
Read More@ http://seekingalpha.com/article/3982247-microsoft-ibm-cloud
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