Cloud Computing Expected to Create Yen

Cloud computing-related business is expected to create a market with a combined value of more than 40 trillion yen by 2020, a study by a government panel showed Monday.

The study by the Ministry of Economy, Trade and Industry panel also forecast that the expansion of cloud computing, which allows software and stored data to be accessed remotely via the Internet, could reduce carbon dioxide emissions by about 7 percent from 1990 levels as it makes information processing more efficient.

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