Most boardrooms are by now well aware of the benefits of cloud computing and its important role in any company's formal IT portfolio. Yet many businesses remain sceptical about data security, with 87 per cent of financial services organisations admitting they do not plan to migrate their most important applications to the cloud due to security concerns. This report examines the mistrust over cloud, as well as exploring the key advantages of cloud computing, from scalability for smaller businesses to easy app creation, ten types of cloud services on offer and the role of cloud in major technology trends

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