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As the economy picks up, so too does the demand for cloud computing hardware, says market research firm IDC. In a report released this week, IDC said it expects server revenue for private cloud computing to grow from $7.3 billion (2009) to $11.8 billion in 2014.
The public cloud market, which is a significantly smaller segment, is also on pace to experience growth, with IDC predicting a rise in revenue from $582 million to $718 million the same time period.
"Now is a great time for many IT organizations to begin seriously considering this technology and employing public and private clouds in order to simplify sprawling IT environments," said Kathernie Broderick, research analyst, Enterprise Platforms and Datacenter Trends.
On a related note, the IDC report notes that public clouds won't see the same broad adoption as private clouds, partly because the public sector will be less enterprise focused.
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