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Many organizations would like to decrease up-front IT costs by incorporating the SaaS model as an outsourced approach to managing spreadsheets and other critical business documents, but hesitate because of the risks of permanently consolidating critical data, IT infrastructure, and IP assets onto the servers of vendors outside of the firewall. By eliminating the need for hardware and replacing up-front license fees with 'Pay-as-you-go' utility pricing, these rapidly maturing SaaS and Cloud Computing offerings can cut costs and lower the barrier to entry for many IT functions.
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