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Source: Information Management Magazine
Author: Shannon Smith
Savvy IT leaders are beginning to understand they must look beyond the "big three" - outages, privacy and security - when weighing cloud computing risks
Steady growth in the cloud services sector reflects the rapid pace at which companies are moving all or portions of their computing, applications and data storage requirements to this emerging destination. According to Gartner, the industry is poised for strong growth through 2014, when worldwide cloud services revenue is projected to reach $148.8 billion.
This groundswell of enthusiasm for cloud computing is not unwarranted, as the benefits are extremely compelling. The opportunity to reduce IT costs dramatically as well as boost operational efficiency, corporate collaboration and business agility are major drivers. Additionally, emerging service options offer a plethora of choices, encompassing infrastructure as a service, platform as a service and software as a service.