→ MELY Deserves Our Full Attention – Operating In Sector That Could Reach $240B
Good morning readers and welcome new subscribers.
Last night we sent you our report on MELY, a company operating in the cloud computer sector trading for .055 per share. We’re positive you’ve heard of Dropbox, Google Drive, or iCloud, all of which wouldn’t exist without cloud computing.
MELY – Microelectronics Technology Company
Cloud computing is the largest future growth industry in the technology game. Merger and acquisition activity, organic cloud entrance, software compatibility, and cloud computing efficiency all make for an investment trend that seemingly has no end in sight.
What is the state of the Cloud Computing Industry?
There are several recent research pieces that attest to the powerful present and future of the cloud industry. Here are a few statistics that provide reason for excitement over industry and niche industry growth in the years ahead.
International Data Corporation (IDC) Study predicts cloud services will grow at five times the rate of traditional IT products through 2014: A study by IDC predicts that: “Worldwide revenue from public IT cloud services exceeded $16B in 2009 and is forecast to reach $55.5B in 2014, representing a compound annual growth rate (CAGR) of 27.4%.”
Gartner Forecasts has predicted a 10.1% Annual Growth for ECM through 2014: Gartner expects the Enterprise Content Management System to grow 10.7% annually to over $5.7B by 2014 as businesses continue “to extend content governance across the enterprise.”