The Cloud May Enable Reinvestment of IT Cash in Other Areas

Cloud computing may be the answer for organizations looking to boost their server and storage utilization rates without increasing the workforce supporting those systems. That's the opinion of Nicholas Carr, author of The Big Switch: Rewiring the World, From Edison to Google. He thinks the cloud will enable companies to lower their capital equipment costs and reinvest IT money in other areas, such as new product development.
Source: Computerworld