Mobile cloud computing to generate $20b in annual revenue by 2014

Mobile cloud computing to generate $20b in annual revenue by 2014

With the rapid advance of the mobile phone industry, it was only a matter of time before the two top trends in both the mobile and internet technology fields converged – smartphones and cloud computing.

According to a new study from ABI Research, mobile cloud computing will generate annual revenues of more than $20 billion by the end of 2014, making current mobile operating systems essentially obsolete.

http://www.edlconsulting.com/newsdetail.php?id=335&headline=Mobile_cloud_computing_to_generate_$20b_in_annual_revenue_by_2014

“Cloud computing will bring unprecedented sophistication to mobile applications,” said ABI Research senior analyst Mark Beccue.

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