Cloud Computing and Compliance
Compliance Week editor Matt Kelly and I talked about “cloud computing” and how such IT systems can affect compliance. Listen to the conversation. (Time: 8.5 min.; file size: 7.7 Mb)
Let’s try to define cloud computing a little better. It really encompasses a broad swath of services that can be put into three main groups. Infrastructure as a service provides virtual servers and data storage that users can configure. Platform as a service that lets developers write applications using hosted software and development tools. Software as a service which provides hardware and software applications So the provider hosts both the application and the data. that range from specialized functions, such as supplier information management, to desktop applications, such as word processing and spreadsheets.
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Thanks for the information. You may be interested to know that Telstra – Australia’s biggest telco has just announced (on 17th August) a $500m investment into cloud computing which is pretty huge.