Today in Cloud

It is amazing what a difference a year makes. Last year at this time, the only forecasts coming down the pike were for gloom and doom. Yesterday, however, Google, IBM and AMD all released their third-quarter results, and all exceeded expectations. Google actually saw 7 percent growth compared with the third quarter of 2008, and it feels confident enough to go on a hiring binge. These three join the ranks of public and private IT companies experiencing either improved revenue or record revenue, and indicate that IT departments are starting to reinvest in their futures, with SaaS and cloud-like technologies comprising an increasingly large portion of those budgets.

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