Trying to Make the Cloud Safe for Corporate Data
Thousands of small companies rent cheap computing power from the so-called public clouds of Google and Amazon.com, but the bill for those services adds up to less than 6 percent of the $153 billion in annual U.S. spending on data center equipment. Most of that still goes into pricey hardware from Cisco, Oracle, Dell, and others, bought by bigger companies worried about their data security. The massive breaches at Home Depot, Target, and JPMorgan Chase in the past year should make more businesses rethink that strategy, says former Cisco executive Tom Gillis.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.