Forrester Research predicts that cloud computing will become a $241 billion market by 2020, up from $40.7 billion in 2011.
Dallas noted that Microsoft is in the position to offer customers a "composite platform" that spans from the endpoint device to the back-end cloud computing infrastructure.
"We are doing this today. This is here and now," he said. "You have a cloud platform that is capable of doing the computing you need for these devices."
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