The Era of Cloud Computing - NYTimes.com

Excerpt from the lead article of a NYT cloud computing special section

"For the half-century that computers have been part of the workplace, companies have bought their own machines for corporate data centers. But that may be about to change. Industry analysts at IDC figure that if largely cloud-based things like mobile apps, big data, and social media are counted, over the next six years almost 90 percent of new spending on Internet and communications technologies, a $5 trillion global business, will be on cloud-based technology."

The Era of Cloud Computing - NYTimes.com