Grazed from Washington Technology. Author: Nick Wakerman.
Cloud computing is growing up and is maturing into a stable market for government contractors. For several years, cloud computing was in the hype phase. Grand pronouncements were made about flexibility and power, and above all else, cost savings. Like many new technologies, it seemed like cloud computing was the silver bullet for any IT challenge that came down the pike.
Yes, there were plenty of naysayers who talked about security challenges, and others who questioned the ability of cloud computing to really save organizations money. But the argument against cloud computing shifted more than a year ago; it was no longer an “if” discussion, but a “when” discussion...
At the same time, cloud computing didn’t live up to the hype of those early years. The savings are difficult to measure, and yes, security remains an issue. In short, cloud computing is no silver bullet. But don’t think cloud computing has failed or isn’t significant. It’s big and important and is an enabling technology that can be transformative. In short, cloud computing has survived its hype phase and is now a reliable area of business...
Read more from the source @ http://washingtontechnology.com/blogs/editors-notebook/2012/09/cloud-computing-new-phase.aspx