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BRICSS: Brazil,Russia,India,China,S-Africa,S-Korea

  • Public cloud spending in BRICSS to reach $3.48 bn by 2015

    Public cloud spending across Brazil, Russia, India, China, South Africa and South Korea (BRICSS nations) is expected to reach USD 3.48 billion by end of 2015, growing by 38.3 per cent (compounded annual growth rate), according to consultancy firm Zinnov.

    This is against a spending of USD 688 million on public cloud in BRICSS nations by end of 2010.

    Cloud computing generally refers to the technology, whereby entities can share resources and software on-demand through the Internet.

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