Four ways cloud will change business and IT

The cloud system saw a lot of attention at the Global Summit on ICT in London this year with many talks on how it will change business and the IT world. Autonomy one of the leading specialist on cloud computing and well known for its 50 petabyte (1 million gigabytes) private cloud, had its founder Mike Lynch hold a conference in which he had much to say on cloud computing. Here is a summary of his four key points:

Power and control over IT

Power has shifted from the IT department to the business personnel due to the cloud giving anyone the ability to access or buy services.

Security

Despite many saying that cloud security is not a major issue, in terms of PR, it can be serious. Private information can get out.

Ownership of data

One of the key resources in cloud computing is owning data. Data is what will make money and is an important asset to any company. Customer data and many other kinds of information are being constantly looked for by large enterprises that are willing to pay a lot to get a hold of it.

Price of infrastructure

Infrastructure price is very likely to go down due to the drastic increase of company buying power. In the past, companies would have to buy large and powerful servers, but cloud technology doesn’t need these servers. Cloud can actually run on a group of smaller and cheaper servers, this means that if a company like Flickr buys a big amount of servers, vendors cannot afford to lose an order of that size therefore not being able to set the price.

For more information on Autonomy, click here.

How else do you think the cloud will change the business and IT world?