Security is the number-one concern cited by IT managers when they think about cloud deployments, followed by performance, availability, and integration with in-house IT. Benefits of cloud computing cited most often here were the speed and lower cost of deploying new applications; the ability to scale services up and down quickly. Cloud computing has moved past early adopters and is entering the “early majority” stage, IDC’s Frank Gens said. Gens expects spending on cloud services to almost triple by 2012, to reach $42 billion.”]
Source: https://www.csoonline.com/article/2123728/cloud-security-fears-overblown-.html