Mississauga, ON -- (SBWire) -- 02/23/2016 --AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Fusion Announces Signing of New Five Year Agreement."

Companies mentioned in this article include Fusion Telecommunications International Inc. (NASDAQ:FSNN).

Article Excerpt:

According to a report by market research firm International Data Corporation (IDC), total cloud infrastructure spending likely grew by more than 26% in 2015 to reach $33.4 billion. The IDC report notes that cloud infrastructure spending likely accounted for a third of all IT infrastructure spending in 2015, up from 28.1% in 2014.

IDC further said in its report that spending on cloud IT infrastructure will grow across all regions and all technologies. Further, growth in public cloud IT infrastructure spending will exceed growth in spending on private cloud IT infrastructure.

IDC expects cloud IT infrastructure spending to grow at a compound annual growth rate or CAGR of 15.6% over the next five years and reach $54.6 billion by 2019. By then, cloud IT infrastructure would account for 46.5% of the total spending on IT infrastructure.

The bullish outlook for spending on cloud computing augurs well for Fusion Telecommunications International Inc. (NASDAQ:FSNN), a New York City-based provider of integrated cloud solutions to small, medium and large businesses. FSNN's proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud communications, cloud connectivity, and cloud computing.

The full version of this article can be found at:
http://www.allpennystocks.com/aps_us/special-reports/615/fusion-announces-signing-of-new-five-year-agreement.htm

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