Over the past few years, there was a lot of hype around cloud-based technologies and their benefits. Today, most enterprises have done / continue to do cloud pilot projects, proofs of concept and initial implementations. However clients still must get comfortable with new contract structures and address concerns on security and data privacy.
Cloud broadly encompasses three main opportunities – (1) SaaS – provision of software; (2) PaaS – an application platform; and (3) IaaS – storage and infrastructure. Opportunities also exist for consultants, integrators and aggregators who help clients progress into the cloud and manage a range of services on the cloud.