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Cloud Computing ABCs: B is for Business Benefits (and Risks)

By Mal Postings  |  Posted 04-14-2011 Print

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There is a need for deep understanding of the business benefits and risks of cloud computing. From a benefits perspective cloud services provide:

  • A simple value proposition
  • Easy, fast and low-cost deployments
  • A payment system based on usage
  • Elastic scalability and improved asset use
  • The strength of third-party on-demand capability and efficiency
  • Continual system currency and maintenance
  • New opportunities for cross-company community collaborations
  • Renewed focus on the strategic areas of the IT function

Looking at the risks, which can be minimized with the right approaches, major concerns include:



 

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