IDC predicts massive growth in cloud computing

The growth of business management software could be set to rise quickly, if the latest report by IDC is anything to go by.

That's because the global data and research firm has prophesised the overall growth of cloud computing services, estimating an rise in the likes of resource scheduling software and time billing programs through this medium by 26 per cent by 2013.

While these things only account for five per cent of assets as it stands, it will account for double that in four years' time.

Frank Gens, the chief analyst for IDC working on the statistics, concluded: "As we noted last year, IT cloud services adoption is currently in the 'crossing the chasm' stage. This revenue and growth data is very much in sync with this view.

IDG, of which IDC is a subsidiary group, had 2008 revenues of $3.2 billion (£2.03 billion) and has over 13,000 employees dotted across the world.

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