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CEOWORLD magazine - Latest - CEO Agenda - Should CEOs Embrace Cloud Computing?

CEO Agenda

Should CEOs Embrace Cloud Computing?

Cloud Computing

Cloud computing has grown considerably in recent years, especially among larger companies and corporations. However, some CEOs are still reluctant to bring this technology into their daily operations. Even after deciding to adopt cloud computing, some CEOs are also still torn between public and private options.

The Growth of Cloud Computing

According to Forbes, 83 percent of enterprise workloads will be in the cloud by 2020. Cloud computing continues to grow as a result of the many benefits it offers to businesses. Some of the primary benefits of cloud computing for businesses include:

  • Reliability – The cloud is always available, providing businesses with service they can depend on.
  • Availability – Cloud computing makes it possible for employees to work from any location with an internet connection. This facilitates travel, as well as work-at-home options.
  • Scalability – With cloud computing, businesses can pay for only the services they need. Services can be added or removed easily, making this a cost-effective option for companies of any size.
  • Affordability – Business that utilize cloud computing don’t need to invest in expensive equipment or in-house IT teams to the same degree as businesses using older technologies. This makes cloud computing a much more affordable option for most businesses.
  • Always up-to-date – When a business works with a cloud provider, hardware and software is updated on a regular basis without any extra expense.
  • Better for the environment – Cloud computing reduces the strain on the environment. Businesses interested in protecting the environment may choose cloud computing over traditional technologies for this reason.

Choosing between Private and Public Options

In light of all the benefits available from cloud computing, it is clear that this technology is a valuable investment for almost any business. According to Orlando IT support professional, Nick Allo of Semtech IT, “When CEOs think about adding cloud computing to their companies, they still have another important choice to make: private or public cloud services. Recent studies show that public cloud spending continues to outpace private cloud spending, indicating that more businesses are still opting for a public cloud option. Nonetheless, some businesses can still gain more benefit from a private cloud.”

As the CEO of a corporation, you may be better served by a private cloud if:

  • You are worried about security. – Although the public cloud is not insecure, a private cloud allows you more control over security. Private cloud services keep your data off the public internet, which can dramatically reduce the risk of breaches.
  • You need more control over your cloud services. – Most businesses can entrust cloud computing to a public provider without much trouble. However, if your company requires a greater level of control over services, a private cloud may be the better option. With a private cloud, you don’t need to rely on the provider for anything. Instead, the cloud will be entirely within your control.
  • Your company is operating in a heavily regulated industry. – If your company operates in an industry with stringent regulations, a private cloud may be a necessity. Because private cloud options tend to be more secure and provide you with greater control, it is easier to meet legal requirements.

In the end, each CEO must consider the advantages and disadvantages of private and public clouds. CEOs who aren’t sure which option is best should consult an IT professional for guidance.

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CEOWORLD magazine - Latest - CEO Agenda - Should CEOs Embrace Cloud Computing?
Alexandra Dimitropoulou

Alexandra Dimitropoulou

VP and News Editor
Alexandra Dimitropoulou is a VP and News Editor at CEOWORLD magazine, working to build and strengthen the brand’s popular, consumer-friendly content. In addition to running the company’s website, CEOWORLD magazine, which aims to help CEOs, CFOs, CIOs, and other C-level executives get smarter about how they earn, save and spend their money, she also sits on the Board of Directors of the Global Business Policy Institute. She can be reached on email You can follow her on Twitter at @ceoworld.