There has been an increase in adoption of cloud computing services driven by innovations in virtualization, distributed computing across the globe, the increasing speed of data transfer over the Internet, as well a weakened economy trying to recover.
Those converging dynamics encouraged professionals to look for cloud computing solutions as an alternative to traditional, on-premise solutions.
Wolters Kluwer has invested in cloud-based IT infrastructure as well as many products leveraging the Software-as-a-Service (SaaS) business models.