I read “CIOs See Big Cloud Computing Shifts In 2010” by Steven Burke. The shift is a result of the pressure from business leaders to reduce technology spending and drive profits. Peter Forte, CIO of Analog Devices had a good quote in the article:
“This is a matter of survival,” Forte said. “In the last 20 years, I haven’t seen this kind of dramatic cost cutting. Luckily, the good news here is technology has evolved to the point where it is helping us make this transition. We would never have been able to make a 25-30 percent budget reduction 10 years ago without an incredible fall off in service.”
“CIOs See Big Cloud Computing Shifts In 2010” by Steven Burke:
http://tinyurl.com/yk8wryg
