Finding Value in Cloud Computing – Part 1: Introduction

Businesses, under increasing market and competitive pressures, are seeking new ways to improve business operations, enhance value propositions, meet variable demands, reduce costs, and manage risks. Cloud computing presents a viable option for many organizations.

Interest in Cloud computing has grown over the past few years. Today, it is the investment option most on the minds of these executives. “A report just published claims to show that cloud computing has shot up to the top of the agenda in most corporates, as the number one investment priority in the IT stakes for the year ahead.” __InfoSecurity.com (UK), ‘Cloud computing is top investment priority for 2011’,2011-JAN-27, (http://www.infosecurity-magazine.com/view/15480/cloud-computing-is-top-investment-priority-for-2011/)

Cloud computing has captured the attention of Business and IT executives around the world; especially those in emerging market economies. “Don't be surprised if the growth rates of cloud computing in emerging economies far outstrips that in more developed nations.” __CIO.com, ‘Cloud Computing: 2011 Predictions’2010-DEC-09, (http://www.cio.com/article/645763/Cloud_Computing_2011_Predictions?page=2&taxonomyId=3112)

An Enterprise may obtain several benefits from the Cloud computing paradigm. These include:

• Business-IT Alignment
• Business Focus
• Resource Leverage
• Time-To-Market
• Elastic Capacity
• CapEx Management
• OpEx Management
• Green Initiatives

This is the first in a series of articles in which we will explore the benefits of Cloud Computing.

__ Joseph Starwood (www.linkedin.com/in/JosephStarwood)