Cloud

The CFO's Guide to the "cloud"

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Executive Summary

The "Cloud"? It's the hottest buzzword in town right now. Everybody is jumping on the marketing bandwagon and promoting their products and services in the context of this latest IT and business model. 2009 was a pivotal year for cloud computing. While the adoption rate is still low (3-4%) among enterprises, significant strides have been made in defining cloud computing, developing standards and delivering viable cloud services - and migration services for moving to the cloud. The authors expect the buzz around the cloud to continue through 2010 with significant adoption occurring in the 2011-2012 timeframe.

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