08 June 2011 13:51:29
A Georgetown University professor said cloud computing will offer improvements in digital security to Australian consumers as well as huge opportunities to the country's businesses, according to the Sydney Morning Herald.
For businesses, Mike Nelson said, cloud computing smashes down financial barriers to entry and sharply reduces start-up costs for new companies.
"We are going to have hyper-competition in more and more markets. Little companies can enter the market and play against the big players and other small players ... These companies will be based all around the world," he told the newspaper.
Nelson also said in an interview that Australia would need to continue to build out its information infrastructure to take full advantage of the opportunities provided by the cloud, but he also added that the country was well-positioned from a human resource standpoint.
The counter-argument to the oft-voiced opinion that cloud computing is less safe than traditional setups - apparently held by Nelson - is that the centralized nature of the system's vulnerability allows for a concentrated defense.
-McAfee Cloud Security