Bradley J Freedman, Borden Ladner Gervais
Cloud computing is widely recognised as one of the most
important new strategic technology opportunities for business.
Cloud computing enables a business to outsource its information
technology requirements to a specialist service provider who
can rovide required services in a better and more efficient and
cost effective manner. Cloud computing allows a business to
focus on its core competence and leave the IT stuff to the
experts. For those reasons, cloud computing can provide
significant benefits, but it can also present substantial
risks. Following is a summary overview of cloud computing and
its potential benefits and risks, and some guidance for the
procurement of cloud computing services.
Cloud computing is a business/technology/service model that
treats IT resources (including networks, servers, data storage
and software applications) and related services (including
hardware and software maintenance and technical support) as a
utility or consumption-based service....