North Bridge Venture Partners announced the results of its 2nd annual Future of Cloud Computing Survey.  The survey was supported by 39 industry collaborators spanning companies in all stages of growth from established leaders to startups.  A total of 785 respondents weighed in on current industry perceptions, sentiments and emerging trends in cloud computing.  Notable collaborators include: Amazon Web Services, Citrix, Eucalyptus, Rackspace, SAP and VMWare.

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written by Raju Shanbhag, TMCnet Contributor

An initiative from The Open Group has developed a set of key considerations for how to build and measure return on investment (ROI) for cloud computing initiatives from a business perspective. By examining the benefits cloud computing offers organizations and showing the potential return it can provide from the beginning, companies may find it easier to gain buy-in for cloud initiatives from the executive team, as well as the IT department.

Cloud computing has been described as a technological change brought about by the convergence of a number of new and existing technologies. The promise of cloud computing is identified primarily by the following key technical characteristics: