Cloud Computing is quite possibly the hottest, most discussed and often misunderstood concept in Information Technology (IT) today.

In short, Cloud Computing proposes to transform the way IT it's deployed and managed, promising reduced implementation, maintenance costs and complexity, while accelerating innovation, providing faster timeto-market, and the ability to scale high-performance applications and infrastructures on demand.

But business managers know that in spite of the benefits of every new technology/business model there are also risks and issues (like for example: trust, loss of privacy, regulatory violation, data replication, coherency and erosion of integrity, application sprawl and dependencies, etc.) and that rushing things when it comes to Cloud Computing can be a very bad decision, but blowing off Cloud Computing all together because you think you can secure your own stuff better than a service provider or because many claims, made about Cloud Computing, have lead you to the point of “irrational exuberance” and unrealistic expectations, isn't smart, either.

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