When it comes to cloud technology, don’t lose your head!

Grazed from Lexology.  Author: Jason Dixon.

In the era of the cloud, it has been an advantage to be an early mover, but when you get into the clouds you don’t want to lose your head.  About five years ago “cloud” was the IT industry buzz word and heralded as the new revolution in IT. But while the cloud is becoming an integral part of the IT infrastructure of a growing number of companies – especially in the mid-market – the challenge now moves to how much or how little of the “cloud” we need.

“It is the ability to buy as much – or as little – as is required that makes cloud computing a powerful option for mid-sized firms.” (Ian Grayson – The Australian, Wed 6 August 2014)

However, Jason Dixon, IT and IP law specialist at Ash Street, and former regional counsel for IBM Australia and New Zealand, urges a “buyer-beware” approach to businesses looking for their cloud solutions…

“It’s not about being paranoid or scared, rather ensuring you are informed about what you are buying and on what terms,” he says.  Several years on, cloud has matured and joined big data, social media, mobility and security as one of the key cornerstones of IT, with predictions that nearly $100 billion would be spent on cloud technology globally in 2014. Australian and New Zealand investment in cloud technology is expected to double from $3 billion this year to a whopping $6 billion by 2016…

Read more from the source @ http://www.lexology.com/library/detail.aspx?g=9f217f0d-d54b-4e08-9ae0-3fc5ee66998c