Digital Consumers and Cloud Computing

I think the following words of Shri N R Narayana Murthy, Chairman and Chief Mentor, Infosys Technologies are very significant and merit attention:

“Digital Consumers are increasingly relying on Technology to make buying decisions…By 2012, 80 per cent of Fortune 1000 enterprises will be using some form of cloud computing services.”

The Dot Com companies crashed in 2000-01 because of poor bandwidth and inadequate security. Today with a quantum leap in bandwidth and a lot of awareness about risk and risk mitigation, online business is at the brink of a boom!