Hewlett-Packard

Cloud Computing from a CFO's Perspective

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There is no question that Information Technology (IT) and business are inextricably linked. Ever since the internet revolutionized the business world in the 90’s, companies around the world have turned to technology to increase business efficiency while boosting their competitive edge.

The link between business and IT has created unprecedented growth and opportunity across all industries, making IT a key discussion topic in the boardroom of most companies. Not surprisingly, Information Technology is now at the top of the CFOs agenda—according to Gartner,, 26 percent of IT investments require the direct authorization of the CFO and 42 percent of IT organizations now report to the CFO.

Cloud computing, like the emergence of the internet, has the potential to radically change the IT and business landscape. And while the CIO community has become well versed in the concept over the past few years, cloud computing is still an area that mystifies the business community in general and the CFO in particular.

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