We all know that cloud computing in Boston has been growing at exponential rates in the last few years. It is being predicted that cloud computing networks will be the norm for most businesses by the year 2016. Where is your business at now? In the cloud network, or sitting in the old school? It seems inevitable that the switch is coming, and has already begun so what are you waiting for?

If there is one top-of-mind issue among CIOs today, it is Cloud computing. But how will it be positioned five years from now — as an innovation that brought about overriding change in the way IT delivers business service or, as some predict, something responsible for nothing more than incremental change to the familiar hosting arrangements and one that back in 2011 was wrapped in massive hype?

At a Gartner Summit in Sydney this week a panel of IT luminaries assembled to discuss the impact of Cloud computing and other IT innovations on enterprise computing in the next five years. One of the key possible scenarios raised by moderator Massimo Pezzini, Gartner Fellow and vice president, was that by 2016, over 50 per cent of all business applications independent software providers (ISVs) would be pure software-as-a-service (SaaS) providers.

The suggestion brought a mixed reaction from panellists.

“From an applications point of view we are all the better for using SaaS,” said Software AG vice president Business Infrastructure Solutions, Jignesh Shah.

To receive the entire text of this article found on CIO.com, click here. What is holding you back from using a cloud computing approach to your business’ set-up? Or have you already made the switch over to the cloud?