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: Research publications: item detail


A User's Guide to the Cloud

©June 2011, 26 pages

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Cloud Computing has been defined by the National Institute of Standards and
Technology (NIST) as:
―A model for enabling convenient, on-demand network access to a shared pool of configurable computing resources that can be rapidly provisioned and released with minimal management effort or service provider interaction.

This ―User’s Guide‖ seeks to answer questions about the Cloud, and to help executives
plan an optimal Cloud strategy. The purpose of this Guide is to:

  • Define Cloud technology;
  • Describe Cloud service models and categories of applications;
  • Describe potential benefits of the Cloud that can be achieved;
  • Describe potential risks and pitfalls of the Cloud;
  • Provide the right questions that financial executives should ask vendors, IT
    departments, and their own staff;
  • Help customers evaluate vendors; and
  • Provide considerations for contracts.

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