There was an interesting mini-debate in the March 25 Network World about whether the cloud is ready for mission-critical applications.
This side-by-side argumentation featured the "yes" position being argued by the CIO of IEEE, with the "no" position argued by the CTO of a financial trading company. You can take a look at the points each person made here.
After looking it over, we'd have to say that in many ways they are both right (do we have a future in politics, or what?). But we're not trying to just straddle the fence. For the vast majority of companies, with the right communications network in place, the answer is going to be yes. But specifically, for a financial trading company, we can understand why that type of organization would hold out for no at this time. More...