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ARTICLE · 04 OCTOBER 2013

Insuring The Cloud

Kennedys Law
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Cloud computing will continue to rapidly evolve, creating new capabilities and new opportunities.

United KingdomMedia, Telecoms, IT, Entertainment
Jillian Raw
Jillian Raw

A wave of innovation
20 August 2013

According to The Economist, "the cloud will transform the information technology industry...profoundly change the way people work and companies operate". Microsoft refers to "a wave of innovation" that has been powered by the cloud.

But first, what is cloud computing? Cloud computing is a special form of outsourcing, in which parts of the IT environment are rented as a service, instead of being operated by the company itself. Cloud computing is a buzzword.  "The concept, quite simply, is that vast computing resources will reside somewhere up there in the ether (rather than in your computer room) and you will connect to them and use them as needed".  (The Times online).

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