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Cloud Computing: The Silver Lining in Economic Crisis?

Interesting point Kelly Glynn makes in apache.sys-con.com:

It isn’t easy to look on the bright side of an economic crisis. The unstable stock market is provoking widespread talk of “belt-tightening,” and already thousands of people have lost their jobs. However, there is a silver lining for cloud-based services: companies looking to cut IT spending are starting to take notice of Google Apps and other online productivity suites.

The relatively new concept of the cloud model makes some organizations wary. Up until recently, risk-averse companies and large established enterprises have seen little reason to ditch their trusted offline office suites and move their entire technical infrastructure onto the internet. But now, the economic recession and subsequent panic are sparking an interest in the lower costs of SaaS suites.

The cloud is now appealing to more than just small start-ups who can’t afford Microsoft’s expensive software. Larger companies are seeing the benefits of lower prices, the ability to defer costs, and added capabilities without added investments.

Read the full article in apache.sys-con.com here.

2 Comments to Cloud Computing: The Silver Lining in Economic Crisis?

  1. October 20, 2008 at 5:57 pm | Permalink

    Government doing cloude computing could be very dangerous…its a trap…..to rely on some one else for critical information…. in the future information is power……

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