Considering the Cloud
Grazed from CFO. Author: Keith Button.
The cloud computing bandwagon continues to pick up speed, with software-as-a-service (SaaS) arrangements now outselling licensed software. Moreover, cloud computing is winning corporate converts to infrastructure-as-a-service (IaaS), which offers virtual hardware, storage capacity, network connections, and so on; and platform-as-a-service (PaaS), which enables users to build software applications over the Internet.
It’s not surprising that so many companies have migrated to the cloud, given its promise of cost savings, increased flexibility, and greater ease of use. But they still face choices among public, private, and hybrid public-private cloud arrangements. Moreover, there are a number of cost-benefit considerations and risks to address. And for certain applications, on-premises software may still be the best bet…

