This report from Oracle
and FSN Publishing
states that, in the next three years, 53% of CFOs estimate that over half of their enterprise transactions will be delivered via the cloud.
CFOs are looking into the advantages of cloud computing, such as cost savings, increased operational efficiencies and as support for new growth initiatives. Using the cloud makes it easier to absorb the changes wrought by reorganization or test a new market venture.
But there are challenges. High on the list of barriers for implementing cloud solutions are concerns about loss of control or visibility of applications, databases, storage and systems.