FSNN. This market just gets better and better

Overall, Gartner believes the value of cloud computing market could reach almost $150bn worldwide by 2014. This accelerated adoption of cloud computing, in spite of continuing concerns about security and reliability, is one of the main driving forces behind the recent wave of mergers and acquisition activity in the web hosting and cloud computing industry which began with Verizon Communications ’ recently completing $1.4bn purchase of Terremark Worldwide .