By 2016, the cloud service field is predicted to be worth about $98 billion, according to an infographic by Acumatica Blog that showcases several statistics demonstrating the rise of the cloud in the ERP market.
While the United States and Western Europe make up the bulk of the Cloud IT market (44% and 25% respectively), emerging markets such as the Asia pacific and Latin America are coming to the forefront. It lists the workloads that are cloud-ready including business applications, CRM applications and ERP financial/accounting applications. More and more applications are moving their workloads to the cloud – are you ready?
