79% of CIOs Are Concerned About Hidden Costs of Cloud Computing
Grazed from Cloudtimes.org. Author: Irmee Layo.
Cloud computing has gained leverage over the last decade as businesses are compelled to migrate to this new platform. Virtualization has capitalized on cost efficiency as its main strength for any industry. However, recent revelations has uncovered that there may be hidden costs that cloud providers are not showing. Loopholes that may have been missed by cloud fanatics are the concerns of power shortages and security issues.
These potential glitches can actually bring up the costs for any company. It is also expected that as more companies force into the cloud, heavy traffic becomes a likely incident. The issue now is not just the cost, but unsatisfied customers that will scout for competitor providers. CIOs are also concerned that when things are running smoothly, this may be the time when issues of performance, security or service availability may arise…

