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ARTICLE · 15 OCTOBER 2010

Managing Turbulence In The Cloud

Loeb & Loeb LLP
Loeb & Loeb LLP
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Ensuring a viable and sustainable business case and improved business performance from the adoption of cloud computing-based services

United StatesEmployment and HR
Kenneth Adler
Kenneth Adler

Ensuring a viable and sustainable business case and improved business performance from the adoption of cloud computing-based services

A large proportion of Fortune 500 organizations are now using or planning to use cloud computing based services. A recent global survey of Chief Information Officers and IT executives found that 60% of CIOs in the US and 48% in Europe are pursuing a cloud computing approach 1.

The main benefits cited include:

  1. obtaining greater flexibility for the organization
  2. reducing costs
  3. increasing operational efficiency
  4. using a cloud computing approach as a strategy for pursuing new technology developments.

As a result, many CIOs are taking an experimental approach to cloud-based solutions to drive IT-enabled business innovation.

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