I just can't see the attraction of cloud computing at all. Passing our company's confidential data to a third party with no guarantee of privacy (including use or pass-on by the US government).
Even on a purely practical basis, an internet connection in the UK offers 1:10 upload:download speed ratio. It would take forever when you're processing gigabytes of data a day. Why would I want to change from a gigabyte internal network to a megabyte external one?
99% uptime means we wouldn't be able to work for three and a half days a year.
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