July 22, 2012

In a new report, Gartner predicts that cloud computing expenditures will grow 19 percent this year to top $109 billion. By 2016, the market could be worth $207 billion. However, the IT industry as a whole is growing at just 3 percent per year, meaning that cloud computing is eating

Unnamed sources “close to the deal” tell GigaOm that VMware and parent company EMC are planning to spin off several of cloud computing assets into a separate company. The newly formed company would include Cloud Foundry, which is VMware’s platform as a service division, as well as Project Rubicon, an