How does a company synonymous with a market that has peaked continue to grow? Identify emerging opportunities or create new categories, of course. An R&D program to create inventions and an IP program to protect them are requirements.
Two weeks ago, in Part I of this post, we covered some Cloud Computing 101 and started to discuss how switching to the cloud increases business agility and cost efficiency, thus creating positive ROI. We also busted some popular myths about data security and availability in the Cloud. Now, let's dive a bit deeper into the benefits, specifically for corporate IP/Legal departments.
The Era of Cloud Computing
The Internet has clearly been the primary driving force in software evolution for the past decade. Cloud computing is one of the most visible results. Due to the rapid pace of hosting, availability and security innovation, adoption of cloud computing is frankly booming. In fact, it would be difficult to argue that cloud computing hasn’t been one of the biggest changes in both personal and business computing since the World Wide Web started its path to ubiquity in the mid-90s.