Cloud for Business: Trust is not Enough

June 29, 2013 Off By David
Object Storage

Grazed from eBizQ.  Author: Michael Poulin.

In the 5th Cloud World Forum, that took place a couple days ago in London, I visited the Executive Forum sections. Corporate executives and senior management discussed different Cloud Computing related problems. Also, many came there not to share how to work with Cloud but looking for an answer to why to do it at all.

There was a noticeable shift in the focus of CIOs and Senior Managers in an area of major concerns regarding Cloud. Guess where this shift moves to from security… The concern #1 now is business compliance with both consumers’ internal policies and industry regulations. This is not a new wave however; I noticed this trend a year ago and even wrote a multi-point checklist to help consumers when contracting Cloud. It seems that now this non-technical problem of compliance has reached the surface and superseded technical issues in the eyes of decision makers…

This problem has roots in two facts: 1) many of Cloud consumers operate in the highly regulated industries (like Healthcare, Banking, Telco) while Cloud providers are not obliged to recognise these and other regulations; 2) Cloud is thought as a provider of technology capabilities being agnostic to the business domains. Apparently, domain regulations can limit technical capabilities or become contradictive and very difficult to implement…

Read more from the source @ http://www.ebizq.net/blogs/service_oriented/2013/06/cloud_for_business_trust_is_not_enough.php