Cloud computing has taken the IT industry by storm. Estimated at USD 24.6 billion in 2010, cloud computing has already surpassed USD 100 billion and is expected to reach USD 150 billion by the end of 2020.
Cloud computing is one of the hot topics in the IT industry. Along with artificial intelligence and the Internet of Things, it is part of the trifecta of digital technologies that are predicted to transform our lives.
Many governments around the world, both national and local, are grappling with creating or updating their ICT policies to cope with the new world of cloud computing. Governments and enterprises are also looking at their own procurement policies when it comes to cloud computing.