Cloud computing is being dragged, kicking and screaming, into the next decade. It's not just about putting a spreadsheet on Google Docs or signing up for Salesforce.com anymore. The cloud now encompasses just about everything: Hiring contractors to develop apps remotely, real-time collaboration, and storing anything you have in a digital, distributed format.
Security remains a serious and unavoidable concern: 58% of banks in one survey said they had no faith in the security safeguards of cloud-based technology. The outlook may be hazy for cloud technology, but it's nonetheless certain to grow and become an increasing part of your business.
Whether that growth will be through something like Microsoft's new Office365 service (now in beta) or something more profound remains an open question, although one possibility is the evolution of hybrid cloud models that combine the scalability and low-cost benefits of cloud computing with the uptime and security benefits of dedicated hosting.