"Cloud computing will be highly disruptive"

Bangalore: Cloud computing was a big focus of discussion at the Product Conclave. Sharad Sharma, chair of the conclave, called it a "major generational disruption". 

M R Rangaswami, co-founder of management consultancy Sand Hill Group, said a survey among CIOs found that cloud computing today is in the position that the internet was in 1997. "Everybody at that point felt the internet would be big and disruptive, but nobody was sure what exactly would happen. And then things like Google happened. It's like that with cloud computing now," he said. Cloud computing, he said, forms about 3% of IT budgets now, but is expected to go up to 20-30% in three years. 

Amitabh Srivastava, senior VP of Microsoft's server and cloud division, referred to a Gartner report that said 80% of Fortune 1,000 enterprises would be using some cloud computing services by 2012, and that 20% of businesses will own no IT assets, being totally dependent on the cloud. 

He said that small and medium businesses were currently more open to adopting cloud computing, since they find immediate value in the cloud's ability to lower significantly the cost of IT and accelerate the time to market. "In larger enterprises, CIOs are conservative. They are trying out cloud computing in some areas," he said.


Reference : Times Of India