Many companies are shifting to cloud based companies. According to IT analyst’s, worldwide spending on public IT Cloud services was approximately $40 billion USD, and is expected to reach $100 billion by 2016.
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Many companies are shifting to cloud based
companies. According to IT analyst’s, worldwide
spending on public IT Cloud services was
approximately $40 billion USD, and is expected
to reach $100 billion by 2016. It showcases an
incredible adoption rate in cloud computing
services. Most of the businesses take advantage
of the benefits, and is sync with the latest trends
as well as perceived benefits.
But there are very real risks of Cloud Services.
Do people know what they are? Are IT customers
taking help from service providers to get rid of
It is worthwhile to mention and ask ‘What are
the risks? Do we have all the facts and are we
making the right decisions?”
Many vendors are happy to provide sub-
standard services, and depict you about the risks
associated with moving critical IT functions into
the Cloud. When you plan to move to the cloud
environment, it is essential to be fully aware of
the risks and be prepared well in advance of the
There are very specific risks that must be taken
into account by IT decision makers. Some risks
may be new, while some others may be different
due to the new aspects of Cloud Services.
The major risk elements are:
Vendor service portfolio
IT organizational design
The question is, are Cloud Service providers
keenly awareness of the concerns that customers
and prospects about moving to the cloud?
Probably, the answer is a resounding yes.
In a study, nearly 95% of IT customers said that
security and availability are the top two
concerns and 56% stated that clients are partially
or ill-informed about contractual SLAs.