Information Week recently published a list of organizations known as the Startup 50. This is a list of new technology companies(less that 5 years old) to watch. The companies were evaluated on a number of criteria including
From the companies that made the top 50, the biggest concentration of product areas were in three cloud computing related subjects: virtualization, cloud computing, software as a service
In my last blog I commented on an article claiming that IT professionals considered the risks of cloud computing outweighed the potential benefits. With IT risk fresh in my mind, the information Week article got me thinking that in the high risk environment of startups, cloud computing technologies can actually significantly reduce the risk involved with starting a new company. Further, for established organizations, whether developing new products to be delivered as a service, or as end users of new products delivered as a service, cloud computing can lower the initial investment required and thus associated project risk. I believe cloud computing can help reduce risks in the following two ways.
Hopefully this post has highlighted how cloud computing can actually lower risks for many organizations, from startups, cloud service providers through to cloud end users. Let me know what you think.