back to article Laugh all you want at 'the cloud' - it'll be worth '$100bn by 2016'

Some $100bn will be slurped up by public IT cloud services by 2016, according to the crystal-ball gazers at IDC. Spending is set to peak at $40bn this year but is forecast to expand more than 26 per cent on a compound annual growth basis over the next four years – five times faster than the total industry average. "The IT …

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Anonymous Coward

We do laugh, because "the cloud" is the same old client-server infrastructure we've been using for decades. All that's changed is the name.

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Silver badge

And, to be honest, the only people we actually LAUGH at are those that put their personal files or ultra-important business files ONLY on the cloud and then cry when their provider loses it all (or exposes it all via a hack or whatever).

The cloud is just a remote server from a 3rd party. Fancy virtualisation / failover / whatever technology with new names, but that's what it amounts to. There's nothing wrong with that. It's what you DO with it that makes people laugh at you.

Hell, I've seen some FANTASTIC uses of cloud - popular game gets huge amount of people flocking to it all of a sudden, ramp up some more virtual servers and they're handled. Steam's entire distribution network is really a "cloud". But in terms of laughter, it's only the poor fool who uploads all their music collection / every document they make / whatever to the cloud and then expect it to be somehow miraculously undeleteable, or the government department that uses a cheap Indian cloud provider and then are shocked that they've just broken 20 or more Data Protection rules not to mention lost their database because of a datacenter outage.

"Cloud" is a new name for an old concept. Nobody laughs at the concept, because that's what we've always had and used, but people might laugh at the name, its misuse, and people using it who don't even understand what it's supposed to mean.

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Facebook was also worth $100B

Not so much now...

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Anonymous Coward

...and by 2017 the cloud...

...will be worth 50 cents.

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Silver badge

As long as we don't have a good definition of "The Cloud"...

...this is all meaningless. I mean there are new kinds of technology being developed, but most of the "Social Web" "Web2.0" stuff will probably be worthless in a few years.

Look around you, companies like AOL have (kinda) failed. Nobody would have thought that would be possible back in the late 1990s. Nobody knows if Google will still exist in 20 years. For all we know by 2016 Facebook could be sold off for a ridiculously low price.

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Re: As long as we don't have a good definition of "The Cloud"...

2016? Wow. Quite the optimist!

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Pirate

Every CLOUD has a silver lining......

....ie: someone will make money out of other's foolishness.

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Bronze badge
Angel

Choking...

Odd how something new or a different way of doing things should stick in the gullet of those who see no threat. Time will tell.

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Coffee/keyboard

A $100 bn Cloud ...

of smoke.

The cloud : fail once fail everywhere !!! Amazon demonstrated it not that long ago. Lesson learned ???

Cloud vendors are like bankers : they are supposed to take care of your most precious belongings, you know how it turned out with bankers.

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Happy

The Cloud is definitly gainin some ground..........

The Dexter Lake Club has just went "all in" with a combination of VSPEX and Flexpod. Shamalamadingdong everyone!

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