Cloud Computing Frenzy Recalls Y2K

There’s no shortage of hype surrounding the migration to the cloud, where businesses are moving their IT infrastructure to increase efficiency and save costs. But what about the security, privacy and other concerns that come in tow?

According to a venture capitalist with Deloitte, the need for such attendant services could lead to a bonanza akin to the market for IT applications that emerged in the run-up to Y2K. Datamation takes a look.

Cloud computing is often hyped as a cool new technology and a near-cure-all; move all that complicated IT infrastructure to the cloud so your company can be more efficient and save money and space in the process.

Deloitte venture capitalist Mark Jensen strongly believes in cloud computing’s value proposition, but with some important caveats.

Read the full story at Datamation:

Is Cloud Computing Security the Next Y2K Opportunity?

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