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Tuesday, 17 May 2011 09:22

Cloud too risky for most businesses

Written by Nick Farell

Europeans don't trust it
Nearly 60 percent of European businesses are worried about the security of cloud computing, something that will make the advocates of the technology a little worried.

While cloud computing is being seen by the leading IT outfits such as Microsoft, IBM and HP as the cure for cancer, a new report, compiled by AMD says that businesses don't trust it. Research carried out by AMD show that  42 per cent of businesses, which are considering deploying cloud offerings, are doing it to reduce IT costs. A third of those which have cloud accounts store more than $250,000 worth of data in the cloud, according to a global cloud computing research study by AMD.

However 59 per cent of businesses see security as the primary risk of cloud computing. A third are worried about the reliability of their Internet connection as a risk. While Europeans are more cautous about Cloud computing, that is not the case in the Asia-Pacific region where 67 per cent of businesses that have moved to the cloud are already seeing business value.

Over half of those businesses in the Asia-Pacific area believe increased efficiency as one of the greatest benefits of cloud computing, more so than hardware cost savings or scalability. Most of them are using the cloud for finance and accounting applications with 57 per cent of respondents indicating they are already hosting these apps in a cloud environment.

AMD server and embedded divisions vice-president and general manager Patrick Patla said different parts of the world had different cloud challenges.

Nick Farell

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+6 #1 kartikkg 2011-05-17 10:14
one will always keep important files on local storage ,just in case!
+4 #2 darkpulse 2011-05-17 13:55
yes i agree. I mean, i wouldnt keep data costing fortunes for companies, on a server. Like, who knows what can happen? Server hardware failure, data loss, or some freaking hacker stealing it, the most important being internet reliability.
Nah, i would better have it at my own hardware and my own disposal, since i will have better control over it. Maybe using it as an online backup would be better???
+4 #3 SlickR 2011-05-17 18:51
who says the cloud provider won't stole my business data and sell it to my competitor?

It makes no sense to keep sensitive data on cloud.
+3 #4 crackerz 2011-05-17 19:25
Quoting SlickR:
..It makes no sense to keep sensitive data on cloud.

I agree with you except the parce above, it make sense when you want to share music/movies hahahahha :P

P.S. 'Cloud.. the new filesharing community, now with full anonymity' TM - ABCD(R) company (ROFL)

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