A commonly held belief is that cloud computing—a utility model for computing capacity, software and business functionality—is a phenomenon whose value resides primarily in reducing IT costs. In fact, the flexibility that the cloud makes possible for infrastructures, services and processes means that it is also capable of driving significant innovation. This is a key finding of new research from the London School of Economics and Accenture, based on a survey of 1,035 business and […]
business process
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For the past few years, cloud computing has been hailed as the ‘silver bullet’ that will transform the way organizations manage their local and global IT applications. By placing data and software in ‘the cloud’, there is the promise of consistent, up-to-date information delivered to every user, combined with potentially huge cost savings through economies of scale. Cloud has a particular appeal to Finance Directors, with vendors selling the vision of lower cost “commodity pricing”, […]