Avner Algom, Business Development, GM of www.Grid.org.il asked an interesting question on the linkedin cloud storage discussion group. He asked:
Do you think the current financial crisis will push CEO/CFO/CIO to reduce the IT costs by adopting Cloud Computing services?
My opinion is less money spent means less money earned. But that said, cloud based or outsourced infrastructures do generally cost less. So this downturn may be a boon to the adoption of the cloud technology.