Why the cloud will never (entirely) replace in-house applications

Grazed from ZDNet. Author: Steve Ranger.

Cloud computing, with its promise of cheap, easy access to enterprise-class applications via the internet, is a seductive concept for many cash-strapped organisations as it seems to offer state-of-the-art infrastructure without the need for epic IT integration projects — or expensive staff.

At the moment cloud still accounts for a relatively small slice of enterprise IT spending — perhaps no more than five or six percent of the total software market, although one prediction sees this climb to 20 percent by the end of the decade. That’s partly because companies remain cautious about the new technology, but also because they have significant investments in their existing on-premise IT infrastructure, both hardware and software…

Indeed, the rapid growth of cloud (and Software as a Service in particular) has made some question whether on-premise applications have a long-term future at all, or whether all applications will eventually be cloud-powered. But it’s also possible that on-premise applications still have some use — and some fight — left in them, at least as far as CIOs are concerned…

Read more from the source @ http://www.zdnet.com/why-the-cloud-will-never-entirely-replace-in-house-applications-7000014655/