Industry specific applications are becoming more available on the cloud like Phreebooks for accounting and Palo BI Suite for business intelligence.
It’s predicted that by 2020, more than a quarter of all applications will be available via cloud. About 56 percent of enterprises consider cloud to be a strategic differentiator while about 58 percent of enterprises spend more than 10 percent of their annual budgets on cloud services. Researchers predict there will be more than 8.2 billion active mobile devices by 2020 with the trend of more and more applications on the cloud to follow. Software will be on tap via cloud since the cloud makes it possible to rapidly build and deploy applications leading to better technology and faster response times. It’ll make it possible for organizations to get what they want on-demand.