What Next for Cloud Computing After PRISM?
August 19, 2013
Grazed from Wired. Author: Theo Priestley.
The IT industry moves in cycles. Much like the fashion industry, trends come and go then return with a bang. It seems that cloud Computing is about to hit that cycle now and go out of fashion faster than it came in. The NSA and PRISM break out has exposed data security at a global scale that nobody was, but really should have been, prepared for. But it’s also raised eyebrows across the C-level in the enterprise as to whether they want to invest in a cloud strategy now.
An exchange one morning with an industry analyst revealed that 100+ clients think that the US Govt has screwed over every cloud vendor with what’s happening and that on-premise software is back on the menu. What’s more, 50 of those clients have put their plans on hold. It’s hardly surprising, you could tell that the writing was on the wall when Snowden hit the headlines but the turnaround is proving a lot faster…
Now two articles within days of each other are pouring petrol on the fire. The Information Technology and Innovation Forum (ITIF) has come out to say that due to the fears over data privacy and security, the cloud computing industry stands to take a hit in the order of $36bn by 2016 because of PRISM. And a Forrester analyst has blogged, saying this is a conservative estimate and the impact could be far deeper, to the tune of $180 billion…
Read more from the source @ http://www.wired.com/insights/2013/08/what-next-for-cloud-computing-after-prism/