Cloud Computing Must Overcome Cost, Security Concerns
"We are not yet convinced of the economic and security issues. I am positive there is opportunity for cloud once it starts to mature for us," says Ashley Davis, managing director, datacenter strategy, at JPMorgan Chase, who spoke at the conference. "Cloud means many things to many different people. That means no doubt there is opportunity for cloud."
According to Davis, internal cloud and external cloud are definitely part of the bank's strategy moving forward. Currently, JPMorgan Chase uses
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