Cloud Computing: Clear Skies Ahead
Posted: 1 Mar 2012
Date Written: March 1, 2012
Cloud service providers advertise with their ability to deliver memory capacity and software over the Web whatever the user’s location and device, claiming they can rapidly adapt this to requirements. That way, users can concentrate on their core competences and farm out peripheral business activities to specialised service providers. On the whole, the introduction of cloud computing is making slower headway than the term’s media presence would suggest. Among the reasons causing potential users to hold back at present are security concerns and uncertainty over which technical version will ultimately assert itself. But in the medium term the basic idea behind cloud computing stands a good chance of being implemented more broadly in a world of globally organised value chains.
Keywords: IT, cloud computing, value chain
JEL Classification: L81, O14, O33, P33
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