Eventually we will see computing as a utility like electricity that will be consumed on demand. I also believe that cloud infrastructure providers will ultimately be able to undercut the cost advantages and carbon footprint of the data centers of even the largest companies. Just not yet.
As Gartner’s 2012 Predicts, Cloud Computing dated December 8, 2011:
"The perceived (and real) risks to the technical reliability, integrity and security of applications and data that are entrusted to cloud providers hold back organizations' initiatives."
For many CIOs, we as an industry still need to overcome security issues, build trust from the IT organization, ensure open exchange of information, and even negotiate treaties on the rights of information domicile and ownership.
However, there are benefits to using the cloud and even the public cloud starting today that can transcend these issues. There are several use cases that require a cloud platform, particularly in the context of content and collaboration, that would not be possible or at least very difficult today. The first is when sharing information between companies, such as those that are currently described as an extranet, only easier to set up. The second is when information is public anyway and the efficiencies of cloud make distributing this information more efficient as well. The third is where the risk or cost of hacking or intrusion is low compared to a relatively high cost of operating computing resources internally. The fourth is when the need to provide information externally, particularly for the purposes of accessing in mobile environments, outweighs the relative risk of exposure of that information.
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