Replies to post #224580 on Wave Systems Corp. (fka WAVXQ)

[wavxmaster]

'Countryboy'

Another nice find!

Thanks
Wavxmaster

For those who didn't read the whole article:

4 Digital Companies Reaping Rewards From Cloud Computing

November 30, 2011. The cloud computing trend is gaining steam as more and more companies are looking to become more efficient and lower their cost structures. Especially in a slow economy as we are in now, companies that are providing cloud computing services are being looked at more and more by CIOs and CTOs.

And this trend is showing up in the numbers. In a report published just last week, GIA predicted that the global cloud computing services market will reach $127 billion by 2017. One of the factors the firm sighted was that cloud computing can potentially slash IT costs by over 35%. Here are four companies that stand to benefit from the growth in cloud computing.

Wave Systems (WAVX) is a provider of client and server software for hardware-based digital security. Wave’s core products are based around the Trusted Platform Module (TPM), the industry-standard hardware security chip that is included as standard equipment on most enterprise-class PCs shipping today. A TPM is a highly secure cryptographic support system. It generates, stores and processes keys, which can be used to encrypt information and harden identities. Even in a down economy, the company has continued growing its topline. For its recently reported Q3, Wave Systems was able to grow revenues nearly 42% y/y.