Social Networks, Mobile, Cloud-computing, Group Buying Application in Demand

Demand for mobile, radio-frequency identification and social-networking applications will drive revenue growth. Cloud-computing services for small-and medium-sized businesses will also spur growth. Demand for Group buying application is also increasing as Groupon acquires India's e-commerce portal SoSasta.com. Companies are investing "a lot of money" to develop its cloud-based services and applications.