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- More Short Term Thinking To fix Short Term Thinking, Thanks!
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The current financial crisis was caused by unrestricted greed and everyone looking to make the most money at any future cost. As long as the books were good today, who cared what happened tomorrow.
This knee jerk adoption of cloud based computing based on it's low price tag is just more of the same type of thinking. The long term effect will be just the same as the long term effects of bad long range financial planning. The tax-payers/end users get to pay the bill. When my company has to go out of business because a third party cloud computing host goes off line for a week, I am going to be truly upset. Why would any sane manager give all of their corporate data to a third party person who can't guarantee what they will do with that data?????
The a huge problem with corporations is they still haven't figured out that IT departments are not economic losses. In many cases they support the entire business model and allow the organization as a whole to be profitable. Outsourcing your IT sounds good as a short term solution but what do you do when your entire business goes into bankruptcy because the folks at Google decided it was "Play in the Sand Box with Colored Balls Week". Your customers are screaming that their services are down and your answer to them is, "Well there is nothing we can do until our vendor fixes the problem." The answer to that is "Cancel my account I am going to take my money and business to a more reliable company."
Also, do corporate manager really think it is a good idea to put their business plans, financial data, strategies in the hands of third parties???? Hello I am from the USA Government, I would like to subpoena the records and data for company A. No need to contact Company A when we have our case built we will definitely contact them." Every single company that has ever handled data for other users has voluntarily given it to any government that has requested it. Think about that. - Posted by: mr1972 Posted on: 10/15/08 You are currently: a Guest | Members login | Terms of Use
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