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....