Cloud computing isn’t quite mainstream yet, but businesses are becoming more comfortable having their data and applications stored somewhere on a remote, managed server, Mike Eaton, CEO of Thousand Oaks, Calif.-based Cloudworks tells the Ventura County Star in an article published in Saturday’s issue.
Adoption is growing among banks, credit unions, brokers and others in the financial services industry -- often the most risk-averse of all industries.
"A lot of financial services have had some component of their business in the cloud before," Eaton says in the article. "They now see they can put all of their eggs in that basket.
"It's easier and cheaper than it's ever been," he adds.