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Nearly 50% of businesses are relying on cloud computing to create new business models and diversifying their revenue streams.

A growing number of businesses are using cloud computing technology to streamline their supply chains. It is predicted that 56% of businesses will implement cloud base products over the next 3 years.

The newest and hottest sector of cloud computing is Big Data SaaS offerings. Nearly 60% of business use cloud- based applications to manage and analyze data.