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3. Long-term viability. Ideally, your cloud computing provider will never go broke or get acquired and swallowed up by a larger company. But you must be sure your data will remain available even after such an event. "Ask potential providers how you would get your data back and if it would be in a format that you could import into a replacement application," Gartner says.
While these challenges are very real, industry experts are working very hard to tackle these issues and provide platforms that are low risk for users. As an emerging technology cloud computing must be tested, praised, patronized, tested, and praised some more.

Here is what Industry research leader Gartner has to say about cloud computing and the IT industry:

1. The IT industry is expected to shrink 3.8% in 2009, but forecasters have high hopes for portables, wireless networks and cloud computing over the next few years.

2. Gartner predicts the market for cloud products and services to increase from $46.4 billion to $150.1 billion in 2013.

http://www.grantdeken.com/?cat=15

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