In the past, enterprises have been slow to move sensitive applications to public cloud computing services, but a report in NetworkWorld says that may be starting to change. The article points to TD Bank as an example. The bank is using a cloud-based e-discovery service to house petabytes worth of data, much of it sensitive.
Gartner says that the global cloud computing market with grow 18.5 percent in 2013 to reach $131 billion. The fastest-growing category is business process-as-a-service, with 28 percent growth.