Enterprise Cloud Spending Set to Double by 2016: Gartner: "tner, wrote in a July 9 research note accompanying the data. “There has been little change in either business confidence or consumer sentiment in the past quarter, so the short-term outlook is for continued caution in IT spending.”
The bulk of that cloud-related spending is for what Gartner terms “business process as a service,” followed by Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS), and Infrastructure-as-a-Service (IaaS).
Overall, Gartner predicts overall spending on IT will increase from $3.5 trillion in 2011 to $3.7 trillion in 2013."
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