How to assess risk when considering cloud computing
October 21, 2013
Grazed from NetworkWorld. Author: Piyush Pant.
Cloud computing has transformed the way IT resources are utilized, but the externalization of infrastructures and applications has brought with it the perception of increased risk, which seem to swirl around visibility and control. This perception of increased risk has prevented the adoption of cloud solutions in a number of industries, so the key question is how to make decisions about moving your organization’s IT solutions to the cloud while considering the risks involved. Let’s review the key advantages of cloud computing:
* Economies of Scale: Traditional IT and IT outsourcing runs on infrastructure that is costly to create and maintain. In contrast, the cornerstone of cloud is cost efficiency, as the cloud does not require a capital investment to set up the infrastructure, or an in-house team of IT experts. Moreover, an organization pays only for the storage capacity it consumes, meaning enterprises can readily scale up and down processing and storage needs without spending a lot on overhead. Organizations end up saving time and critical resources, and can transform IT into a strategic team that focuses on more innovative initiatives…
* Agility: Most CIOs actually adopt cloud solutions because they can be up and running quickly, not because they are cheaper. A faster realization of business benefits, while reducing costs around internal IT project management, procurement, integration and change management are also key drivers. Organizations also don’t have to worry about the ongoing operations, updates and fixes, as these are handled by cloud vendors…
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