Life in the cloud: The risks and benefits

Shifting traditional IT services to the cloud could save European businesses billions of pounds over the next five years, according to a study – but beware the potential pitfalls

By Claudine Beaumont, Technology Editor 12:31PM GMT 07 Dec 2010

‘Cloud computing’ sounds like a complicated idea, but if you use Flickr to store your photos, or Hotmail to keep in touch with friends and family, or stream music over Spotify, then you are, in effect, using a cloud service. Data is stored remotely, rather than on your own computer, and can be accessed through any web-enabled device...MORE>>