Edward Snowden broke the news in June about earth-shaking secrets regarding the NSA — since then, many magazines including this one have discussed the potential impacts it has on the cloud computing industry and, by extension, the US economy as a whole. The consensus from about 20 high-ranking IT executives across North America and Europe, however, have helped quell concerns — the reports haven’t stopped them from hosting applications and data in the cloud.
The reasons are simple — CIO’s have always assumed that their data was being snooped on by the NSA. The revelations have done nothing more than confirm the story. As it turns out, CIO’s are more interested in saving money and fast processing than privacy.
‘CIOs worry about the cost and complexity of running servers on their own premises and the potential loss of competitiveness if rivals are taking advantage of the benefits of cloud computing.’