What does it take Cloud Service Providers to overcome the skepticism?

I was viewing a video by Tony Scott, Microsoft CIO on their Microsoft Partner Network on IT Trends for 2010. He had an interesting analogy wherein he compares Cloud Computing to Banking and how we do not keep our money in a mattress anymore rather we keep it in the banks. I was wondering if the Cloud Service Providers (including MS) should take a cue from that and agree to have a governing body, like FDIC in case of banking, to oversee the facilities, practices and processes. This could be an independent body funded by a consortium of Cloud Service Providers. This body can be used not only to certify that the Cloud Service Providers are reliable, but can also pool funds from the CSPs and provide insurance for the customers who get adversely impacted by events. Just a random thought, I am sure it would take a lot of time and effort to come up with the strategy and implementation plan for this though.


About Venu Mallarapu

I am currently working as Director & Global Client Partner at Cognizant Technology Services in their Life Sciences division. I have over 19 years of experience in developing IT Solutions and Services, specifically for Life Sciences industry for over 13 years. I have worked with small to large pharma customers to address their business needs across R&D, Sales and Marketing and Manufacturing & Supply Chain areas. My passion is Pharma R&D. I blog and write about varied topics in Pharma Industry as well as latest Technology trends that impact Clinical Research and have also presented at various conferences and workshops on wide variety of related topics.

One response to “What does it take Cloud Service Providers to overcome the skepticism?”

  1. vish dadireddy says :


    Where I work we do have a Governing body. Although it has to evolve to oversee Cloud, right now the governing body and execution engineers are engaged whenever we go on-demand (ASP -> SAAS -> Cloud) computing for business purposes.

    People are still getting used to Buzz Words and trying to figure out where exactly it fit; Business Apps, Infrastructure extension, or Platform outsourcing.

    It is going to be cloudy for some time till people start figuring out.

    Good read. Keep it up.


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