IT Management Slideshow: Business Process Transformation in the Cloud

Cloud computing is the technology innovation du jour . Yet, this much-hyped storage and application delivery solution remains cloaked in mystery for many executives, particularly those on the business side of their organizations. Likewise, as CIO you likely understand the technology of cloud computing, but are you fully aware of the business process transformation that cloud technology can drive? Author Peter Fingar demystifies the cloud in his book, "Dot.Cloud: The 21st Century Business Platform" (Meghan-Kiffer/Available now). In the book, Fingar traces the origins of cloud computing and explains in practical fashion how it can be applied to day-to-day business operations. The cloud has democratized the process of computing for the masses, Fingar writes, and these masses are now gaining great influence in how technology is delivered. CIOs who grasp these and other key cloud concepts will have a great advantage over those who do not. Fingar is a business-strategy expert and former CIO. Here are 10 fundamental truths about the cloud from Fingar's book.