economic benefit

Choosing A Cloud Hosting Provider with Confidence Introduction Cloud computing is rapidly transforming the IT landscape, and the conversation around adopting cloud technology has progressed from “if” to “when .” Enterprises are showing strong interest in outsourced (“public”) cloud offerings that can help them reduce costs and increase business agility.  These cloud services offer enormous economic benefits but they also pose significant potential risks for enterprises that must safeguard corporate information assets while complying with a myriad of industry and government regulations. Many cloud service providers can deliver the security that enterprises need and SSL (secure sockets layer) certificates are part of the

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European Cloud Partnership And The Possibilities Of This New Beginning When the rest of the world is technically on cloud nine, the European Union is going to take a serious note about incorporating cloud in their fiscal plans. According to a press release published by European Union, they are measuring the economic benefit of going cloud. The statistics show that by going cloud EU can alone draw an extra “€160 billion per year” whereas the individual benefit will not be anything less than €300 per year. But even if this alluring amount of profit, the question remains why it has

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Swedish Collective Aims to Clean up the Cloud Ten Regions set to Conquer Silicon Valley Stockholm, Sweden – February 21, 2012 – A cold climate, clean energy and one of the most stable electricity grids in the world have made Sweden very hot property in the IT giants’ quest for datacenter locations in Europe. In October, the social network Facebook announced that it is to build its new datacenter in Lulea, Sweden, on the edge of the Arctic Circle. Environmental organization Greenpeace pushed the Like-button for this, thanks to the clean energy supply from Swedish hydropower sources. Now, ten Swedish

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The Multiplier Effects of Cloud Computing “Dairy has the greatest multiplier effect for economic benefit to a community. Studies show dairy is well suited to our agriculture community and our geographic location.” – John Hartford (1937-2001), American folk and country musician. In macroeconomics, the “multiplier effect” is defined as follows: “A measure of the change in a country’s money supply that occurs as the result of banks’ ability to lend. The multiplier effect is dependent on banks’ required reserves, or the amount of money in deposits they are legally required to keep in-house. If a bank has a low reserve

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