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Cloud computing is changing not only business models but also society
High-speed broadband, large-scale data centers, and flexible virtualization software cause a global technology trasformation whose effects are reflected on business, political, and social structures.
According to analysts, cloud market will grow from $40 billion in 2011 to more than $241 billion in 2020, while traditional technologies trend keeps reducing.
Cloud computing model is based on decentralization of business and social structures because data and applications are available from anywhere, anytime. Thus means business innovation, growth, flexibility, scalability, agility, deeper relationships with customers at lower costs.
This new cloud-based business model will impact the whole society and leaders must be able to keep up with times and technology.