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IDC believes that the rise of Cloud computing has the potential to be among the most transformative developments in the world of information technology in the last 20 years. To date, Cloud computing is already having a significant impact on the way technology vendors are service-enabling and delivering applications, how CIOs think about infrastructure and datacenter optimization, how vendors are building platform-based BPO and other high-level service offerings, and how CIOs approach building and deploying custom applications and objects via Cloud-based Platform as a Service (PaaS). PaaS services bundle all stack components (hardware, infrastructure, storage) together with database, security, workflow, user interface, and other tools that allow users to create and host powerful business applications, Web sites, and mobile applications.
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