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Executives around the globe are facing a conundrum. In the midst of widespread economic turmoil, a recent global survey of C-level executives and IT decision-makers shows a clear, collective mandate: use technology to cut the cost of doing business. Moreover, these decision-makers widely recognize a new technology option, Cloud Computing, as a viable way to reduce capital expenditures and operational costs. Cloud computing refers to the delivery of software and other technology services over the Internet by a service provider. As the economy teeters on uncertain ground, however, these leaders - many of whom consider themselves as early adopters of technology - are turning a blind eye to the potential business benefits of cloud computing.
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