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Where is the Cloud going over the next few years? Have you defined your strategy to move there yet?

According to Forrester‘s projection, the global market for cloud computing will grow from $40.7 billion in 2011 to more than $241 billion in 2020. Software-as-a-service (SaaS) will play the most dominant role and will be an estimated market of about $80 billion in 2015.

SaaS will especially disrupt the customer relationship management (CRM), HR, and governance, risk, and compliance (GRC) software markets in coming years, and it has already disrupted other software categories such as content management and ePurchasing solutions.

Clearly the cloud isn’t going away. Are you on board? What is holding you back?