The Cloud: Opportunities and Challenges for SMEs

Each decade, since the 1970s, has seen the evolution of IT into a whole new 'avatar'. Mainframes (1970s), Rise of the Personal Computer (1980s), Client Server Architecture (1990s), are a few well known avatars. Meanwhile, what helped the adoption of these advances in IT was that each new avatar was preceded by a recessionary phase. Recessions brought about a greater need for businesses to improve efficiency levels and increase profitability. As a result, businesses and individual users rapidly adopted the modern avatars of IT with the objective of realizing their benefits. The double dip recession, in the early part of the 1980s, was almost immediately followed by the Rise of the Personal Computer (PC). 

The number of PCs installed grew from less than 1 million in 1980 to over 100 million by the end of the decade. Similarly, the recession due to debt, rising inflation, etc. in the first half of the 1990s was followed by the growth of the Client Server Architecture and the internet. There were only a few thousand users of the internet at the start of the decade which ended with over 300 million users. Recently the world has gone through an economic downturn and there is an even stronger need for organizations to improve efficiencies by using collaborative solutions and real time information exchange. The Cloud could therefore be the next big thing with it gaining prominence during the recent credit crisis.  For complete story see an article here from India Infoline.