Cloud Computing - who will own IT assets?

Thursday, February 25, 2010 by Doug Allgood

Gartner Research predicts that "by 2012, 20% of businesses will own no IT assets." New services for being able to consume computing power and disk space using virtual server technology has enabled the concept of Cloud Computing. Cloud Computing is running your business applications on equipment that you do not own and paying a fee for what you consume. This is a fantastic way to grow your business. The service enables you to experience the normal peaks and valleys throughout the year while only paying each month for what you actually use. The alternative is to over-purchase technology for the high volume months. Additionally, you do not need to staff for the operations and support as the service handles the backups, maintenance, and new release upgrades as part of your monthly fee. You get guaranteed up-time of 99.9%, the benefit of redundant everything, business continuity technology, and security certifications that would be cost prohibitive for most small to medium businesses.  

This is a major shift in technology strategy and I recommend you consider it as part of your business plan. If you do not have a technology strategy, Milestone Advisors can assist you with our technology consulting services. We will help you analyze your current technology environment and determine if Cloud Computing can be leveraged to achieve your business goals.

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