Organizations are pondering around the buzz word of cloud computing and technology behind the same with the de facto offer of cost savings build into the model. While new technology has been a tool to optimize and streamline the overall IT operations, its being heavily looked upon to cut costs and hence very less cutting back on the new technology uptake.
Most CIO's considers their internal IT systems to be too expensive but still considers themselves early adopters of technology. Its clear that the adoption is primarily driven with the motive to cut costs. There is a strong belief among the CIO's that cloud computing as a new technology can help them bring in a positive impact on the bottom line by bringing in a controlled outflow on recurring costs and lower upfront costs. Given the fact that cost savings are a possibility the adoption of these technology with full force is yet to happen. There was a strong reluctance due to the turbulent economic times and now with the change in the scenario adoption and switch will begin.
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