Cloud computing is undoubtedly a timely topic for customers and the industry overall. Its identity has shifted from being a trend to a top technology priority for global businesses. Just last week, I read in ZDNet that Forrester is predicting that global cloud computing market will grow from $40.7 billion in 2011 to $241 billion in 2020. Now that customers are focused more on cloud computing and software-as-a-service (SaaS), they are not questioning whether they will move to the cloud, but when and how as a way to keep up with rapid business innovation.
Cloud conversation today is not just about cost-savings, but about efficiency and access to innovation via SaaS applications. Customers need to be sure that they are keeping their legacy systems connected with a quicker pace of updates and innovations in SaaS. With Dell Boomi and AtomSphere, our flagship cloud integration product, we can help CIOs stay up-to-date with an ever faster SaaS innovation cycle while leveraging existing investments and supporting application migration to the cloud.
Our announcement today introduces AtomSphere Spring 11, which helps customers of all sizes take advantage of cloud computing and SaaS to drive greater efficiency, while leveraging existing middleware investments. And as a SaaS solution, existing AtomSphere customers gain automatic updates with no extra fees and no time consuming upgrades. These new capabilities support enterprises that want to do more with their businesses, all while simplifying their path to the cloud.