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The Future of Cloud Computing: Riding the Next Wave of Technology-Driven Transformation

Cloud computing is seen by many as the next wave of information technology. The supply of information technology capabilities at a low cost offers many opportunities. In addition to reducing operational costs, cloud technologies have become the basis for radical business innovation and new business models, and for significant improvements in the effectiveness of anyone using information technology.

Like any new technology advancement, cloud computing also creates disruptive possibilities and potential risks. The fact that cloud computing involves the aggregation of computing power and information, has become a source of increasing concern. Users, providers and policy-makers are asking many questions about the current use and future evolutionary path of cloud computing. These include:

  • What are cloud computing’s most important current and potential future benefits for industry, governments, and society
  • What might derail cloud computing’s progress?
  • And are the overall benefits worth the risks?