Cloud computing: CIOs are taking back control, but is it already too late?

Grazed from ZDNet.  Author: Steve Ranger.

In the early days of the cloud computing it was routine for tech executives to admit that they had little idea of, or control over, the use of the technology within their organisations; developers would cheerfully pay for cloud storage or processing power using their credit cards, forcing CIOs to turn detective to work out what was being used, when, and by who.

But it seems that the IT department has now caught up and is reasserting its control over cloud spending, with either excellent or disastrous timing.  Over 80 percent of cloud spend is now managed by the IT department, and 62 percent of that has the direct involvement of the CIO, according to research by Verizon…

The use of cloud computing is also increasingly widespread: Verizon’s research claims that 65 percent of enterprises are now using some form of cloud and its survey of its own cloud customers found that 71 percent are running external-facing production applications in the cloud, up from 60 percent last year…

Read more from the source @ http://www.zdnet.com/cloud-computing-cios-are-taking-back-control-but-it-is-already-too-late-7000035159/