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Cloud computing is more than cost savings

Cloud computing is here to stay and, thanks to growing adoption, will likely remain present for some time. However, in order to achieve the full benefits of the technology, businesses should understand what the cloud is and how they can implement it securely and effectively, according to a Forbes report.

"The biggest economic benefit of the cloud is the utility model," industry expert Indu Kodukula told Forbes. "It's not that the cloud is 'cheaper.' It's that the cloud is more tied to the business value of applications, so that you don't spend a bunch of money on gear, and you don't have large capital expenditures on applications that are never going to return business value."

Additionally, organizations should understand that the entire cloud landscape is changing. This can be seen when looking at business continuity plans and how they are shifting from disaster recovery solutions which help companies after an event has occurred to full-time applications in the cloud to prevent these incidents from ever happening, Forbes noted.

Still, many cloud vendors find it difficult to convince stubborn chief information officers that cloud computing is the future of IT. However, looking at a report from a Forrester analyst, the cloud will generate more than $60 billion in revenue by the end of 2012, suggesting that the technology is going nowhere but up.

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