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Microsoft's CEO Steve Ballmer has described cloud computing as a US$3.3-trillion opportunity. The British government said earlier this year that it was planning to cut ?3.2 billion from its annual IT bill of about ?16 billion by creating its own cloud platform. Locally, Minister for Communications has identified cloud computing as one of the key driving forces towards the creation of a smart economy; while the IDA's recently published "Horizon 2020" report regards access to and deployment of cloud solutions in Ireland as fundamentally important pre-conditions for the delivery of foreign direct investment in the coming decade.
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