The document discusses the need for performance testing in light of increasing usage of technologies like social media, mobile, analytics and cloud (SMAC). It notes that organizations will spend over half their IT budgets on testing related areas including cloud, big data and analytics, and mobile. It then discusses how performance testing needs to evolve to test third party components, support a wide range of mobile devices and operating systems, and test big data applications and analytics. Finally, it concludes that performance testing skills and tools need to be reshaped to ensure applications and hardware can be used globally by billions of people.