George Friedman

One of the more inefficient aspects of IT provisioning is that enterprises must often overbuild the compute and storage capacity of their systems to accommodate periods of peak demand, with a lot of bandwidth going to waste during off-peak times. Such overcapacity and underutilization can become an expensive proposition. On the heels of a recession that has devastated the IT business and inspired more disciplined technology buying, most vendors have realized that they risk losing business unless they can deliver on a utility-like model, in which customers pay only for what they use.