Enterprises starting to trust cloud for more sensitive apps
June 22, 2013
Grazed from Network World. Author: Ellen Messmer.
Trusting the cloud to handle sensitive transactions and security services isn’t for every enterprise, but organizations from banks to app developers are starting to give it a try. Gartner predicts the global cloud computing market will grow 18.5% this year to $131 billion, with business process-as-a-service accounting for the biggest chunk of that at 28%. According to Gartner’s numbers, management, security and automation accounts for just 2.8%.
Even more traditional and conservative types of companies, such as banks, are venturing into the cloud to carry out complex processes that, in some cases, they find they can do far more efficiently outside of internal data centers…
Take TD Bank, for example, which like all banks has the legal obligation to process e-discovery requests related to any civil and criminal case in which bank records or email are needed. Dera Nevin, the managing counsel for e-discovery there, says she’s found a cloud-based e-discovery system has been a huge advantage over trying to run an in-house application to do this…
Read more from the source @ http://www.networkworld.com/news/2013/062113-cloud-tdbank-271137.html