Grid spend is expected to grow from £900m in 2006 to £13.5bn in 2011, according to a study by The Insight Research Corporation.
Despite its rapid growth, the study emphasises that grid is still in its “early adoption” phase, with most activity in the manufacturing and financial services industries.
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“Though large telecommunications firms, including BT and Telefonica, have selected grid middleware software partners to build out their service delivery capabilities, and a number of start-ups in grid have received venture capital, grid is still new to many IT organisations," says Robert Rosenberg, president, Insight Research.
Most IT organisations are starting their implementations behind a firewall at a single corporate site.
Separate research from Oracle estimates that 70% of organisations now deploy grid “in some areas”, a substantial rise from 19.6% from its November study.