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5 Reasons CIOs Are Adopting Cloud Computing in 2009 Application Development That's 5 Times Faster at 1/2 the Cost

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Executive Summary

IT departments have already seen business expectations increase over the last 10 years as budgets decreased. Doing "More with less" is not new to CIOs or IT, which have been squeezing efficiencies from existing systems and teams since the last economic downturn. The difference is that, after years of optimizing existing resources, 2009 brings unprecedented financial limitations that demand new solutions. Cloud computing is transforming the way IT departments build and deploy custom applications during lean times. By offering a fundamentally faster, less risky, and more cost-effective alternative to on-premises application development, cloud computing will forever change the economics of information technology.

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