The Global Recession and Growth of Cloud Computing
The global recession has reset management priorities and has brought the focus back on Management by Objectives (MBO). MBO is an imperative for enterprises to survive and grow, because it sharpens the focus on each employee’s contribution to the organization’s performance. And from an IT systems standpoint, MBO demands Computing by Objective. Computing by Objective is a sea change in the way organizations think about IT. Simply put, it means paying for functionality. Most of us also refer to this as Cloud Computing.