EMC Poised to Dominate the $16.7 Billion Cloud Computing Industry

That’s because EMC is at the forefront of "cloud-computing." What’s that? Simply put, over the then decade, businesses will create massive amounts of data. And the old storage methods simply won’t be able to hold it all.

Enter cloud computing – a web-based storage option in other words exploding worldwide. By 2013, this niche market is expected to reach $16.7 billion. To put that in perspective, the entire industry was worth only $6.6 billion just two years ago.

And thanks to EMC’s buyout of Isilon, it has an even greater slice of the pie. As President Pat Gelsinger says, "EMC will invest in all aspects of Isilon’s business to accelerate growth and take advantage of the fast-growing market possibility ahead." And speaking of those opportunities…

Isilon gives EMC a spot in the "Scale-out NAS" segment – one of the fastest-growing areas of the cloud computing industry. Spontaneously, this will be a $6 billion market by 2014.

And EMC isn’t stopping there either. Expanding new product lines is priority #1 – a focus that will help solidify EMC’s position as a cloud-computing industry leader as the sector matures over the then 10 years. It already has a solid foundation, now the addition of Isilon should actually give this company wings.