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Cloud Computing a Transformative Technology With Financial Benefits; Security Concerns

cloud computingA majority of executives polled by Deloitte (60.9 percent) believe cloud computing will be a transformative technology in the industry and can drive financial benefits, or at least be useful for certain kinds of enterprise services.

Cloud computing enthusiasm was somewhat tempered by executives’ concern over security and privacy, as 34.6 percent cited these issues as the largest considerations for adopting cloud computing in their organizations. In addition, 22.1 percent of respondents identified data controls and ownership, as well as audit and assurance, as key adoption issues.

Adoption and demand for cloud services is growing as companies see a real revolution happening on the business side. Expectations for agility and flexibility in business operations have grown in response to the downturn, and in preparation for what comes next.

Cloud services create the possibility of rapid business model innovation, improved service levels and new ways of controlling costs. Executives can also realize financial benefits, including reduced capital expenditures. In addition, business leaders responding to the poll clearly articulated security and data privacy issues as near-horizon hurdles to their viable cloud adoption strategy. Read more ……

More news at KRISARU News

Cloud services create the possibility of rapid business model
innovation, improved service levels and new ways of controlling costs.
Executives can also realize financial benefits, including reduced capital
expenditures. In addition, business leaders responding to the poll clearly
articulated security and data privacy issues as near-horizon hurdles to their
viable cloud adoption strategy
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