HfS Research Releases Definitive Report to Help Business and it Executives Source Cloud Computing Services Effectively
Committed to helping enterprises benefit from new sourcing innovations,HfS Research, with contribution from law firm Loeb& Loeb, provides a guide tohelpenterprises plan and source for Cloud Computing.
- (1888PressRelease) September 16, 2011 - New York and London - HfS Research (www.HfSResearch.com), the leading research analyst firm covering global outsourcing and shared services strategies and Loeb& Loeb LLP, a leading law firm internationally recognized as an authority on complex global outsourcing and information technology solutions, havereleased"Getting Smart About Sourcing for Cloud" following in-depth analysis conducted with the Outsourcing Unit of the London School of Economics.
This report provides both Business-function and IT executives with a detailed assessment of Cloud adoption strategies, an analysis of business benefits, concerns, challenges and contractual issues that need to be addressed and discusses the key service providers provisioning Cloud Computing services in today's market.
The report reveals that Cloud Computing is refashioning the cost, quality, speed and flexibility by which businesses can access-and suppliers can deliver-services to support business needs. However, the rapid adoption of Cloud Computing-centric offerings is resulting in manyorganizations struggling to develop management disciplines,standards and best practices to manage both IT and business risks effectively.
Ken Adler, Chair of the Technology and Outsourcing Group at Loeb & Loeb said, "Cloud-based service is proving a difficult pill to swallow for many organizations. They need support and advice to help them with both internal IT and business process transformation. Organizations also need contractual advice to ensure they are approaching their Cloud opportunities in the right way to mitigate risk and maximize productivity advantages."
Also commenting on the report, Robert McNeill, HfS ResearchVice President and co-author, stated, "The Cloud provides real business benefits to organizations including cost and agility as well as a platform to drive innovation. However, organizations should refrain from rushing into the Cloud without giving considerable thought to the risk factors and organizational change that it poses."
Akiba Stern, Loeb & Loeb Partner added, "This report advances to the ongoing development and evolution of Cloud commercial, risk and legal models. Organizations are clamoring for more information about and greater clarity regarding Cloud offerings and how they should react to them."
This report can be accessed by clicking here.
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About HfS Research
HfS Research (www.HfSResearch.com) is the foremost research analyst firm and social networking community, focused on helping enterprises make complex decisions with their business process operations, IT outsourcing and shared services strategies. It has the largest audience and regular following in today's global sourcing industry.
With 58,000 subscribers, HfS Research provides the most impactful and frequently-visited global collaborative community platform in the global services industry, providing rapid and insightful commentary, analysis and debate of enterprise outsourcing and shared services dynamics. The organization is distinctive in that it integrates personable social networking with market research and expert advisory services.
The HfS Research mission is to provide a unique environment for collective research, opinion, experience and knowledge across the global outsourcing industry to help enterprises explore new performance thresholds. Led by industry expert Phil Fersht, the HfS Research team is a multi-disciplinary group of analysts across North America, Europe and Asia/Pacific regions, with deep domain knowledge in business process outsourcing, information technology services and cloud business services.
Launched in 2007, HfS Research's acclaimed blog Horses for Sources has more than 120,000 monthly visitors across the global outsourcing industry, and is widely recognized as the leading destination for collective insight, research and open debate of industry issues and developments. The HfS LinkedIn community, The BPO and Offshoring Best Practices Forum, is thriving with over 14,000 industry professionals sharing views and information daily. You can access information about HfS at HfSResearch.com and on Twitter at www.twitter.com/horses4sources.
To learn more about HfS Research, please email research ( @ ) HfSResearch dot com
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