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EL SEGUNDO, CA: The growth pace for cloud IT services continues to soar high, says the recent report by IHS Technology, projecting the value to touch 235 billion. By 2017, enterprises will spend more on cloud, as 35 percent will profit from the 174 billion projected to be spent this year, as well as triple the 78 billion invested in 2011. According to the report, enterprises are all together expanding their on-site services and capabilities with cloud assistance and steadily transferring functions to online competencies.