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Gartner: Cloud putting crimp in traditional software, hardware sales

Brandon Butler | July 16, 2012
Enterprise spending on cloud computing growing at a faster rate than overall IT spending will pose a challenge to legacy hardware and software vendors, Gartner cloud forecaster Ed Anderson says.

It's still a transition for the market though, Scott says, and not all customers are ready to fully embrace the cloud. Many European companies are adopting the technology at a slower pace than U.S. counterparts. GFI will continue to offer on-premise installations as well as cloud-based services as the company transitions its dozens of applications to a hosted model.



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