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	<title>Olmstead Williams Communications, Inc. &#187; data</title>
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		<title>Cloud computing gaining traction in skeptical financial services industry</title>
		<link>http://www.olmsteadwilliams.com/clientnews/2011/05/31/cloud-computing-gaining-traction-in-skeptical-financial-services-industry/</link>
		<comments>http://www.olmsteadwilliams.com/clientnews/2011/05/31/cloud-computing-gaining-traction-in-skeptical-financial-services-industry/#comments</comments>
		<pubDate>Tue, 31 May 2011 20:25:11 +0000</pubDate>
		<dc:creator>Trent Freeman</dc:creator>
				<category><![CDATA[Client News]]></category>
		<category><![CDATA[cloud]]></category>
		<category><![CDATA[cloud computing]]></category>
		<category><![CDATA[data]]></category>
		<category><![CDATA[financial services]]></category>
		<category><![CDATA[Mike Eaton]]></category>
		<category><![CDATA[ventura county star]]></category>

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		<description><![CDATA[Cloud computing isn’t quite mainstream yet, but businesses are becoming more comfortable having their data and applications stored somewhere on a remote, managed [...]]]></description>
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<div id="attachment_1982" class="wp-caption alignright" style="width: 210px"><a rel="attachment wp-att-1982" href="http://www.olmsteadwilliams.com/thebigmouthblog/2011/05/31/cloud-computing-gaining-traction-in-skeptical-financial-services-industry/attachment/mike_eaton/"><img class="size-medium wp-image-1982" title="Mike Eaton" src="http://www.olmsteadwilliams.com/wp-content/uploads/2011/05/Mike_Eaton-200x300.jpg" alt="" width="200" height="300" /></a><p class="wp-caption-text">Mike Eaton, CEO of Cloudworks</p></div>
<p>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 <em><a href="http://www.vcstar.com/" target="_blank">Ventura County Star</a></em> in an <a href="http://www.vcstar.com/news/2011/may/28/use-of-cloud-computing-growing-in-financial/" target="_blank">article published in Saturday’s issue</a>.</p>
</div>
<p>Adoption is growing among banks, credit unions, brokers and others in the financial services industry &#8211; often the most risk-averse of all industries.</p>
<p>&#8220;A lot of financial services have had some component of their business in the cloud before,&#8221; Eaton says in the article. &#8220;They now see they can put all of their eggs in that basket.</p>
<p>&#8220;It&#8217;s easier and cheaper than it&#8217;s ever been,&#8221; he adds.</p>
<p>&nbsp;</p>
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