Does Cloud Computing reduce IT costs?

“People move to the cloud for perceived cost savings and what we’re finding is it gets really expensive compared to colocation, [particularly] if you look at the three-year overall total cost of ownership of an application that is pretty constant,”
By Raj Dutt, senior VP of technology at Internap
Read more at http://virtualizationreview.com/Blogs/The-Schwartz-Cloud-Report/2013/02/Does-Cloud-Computing-Reduce-IT-Costs.aspx#

 

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