What Enterprise CTOs must know about Infrastructure-As-a- Service (IaaS)

As stated by McKinsey, a single application in the year 2000 was running on a $25,000 server while the same application would now be running smoothly on a $5,000 server (along with 10 or more applications). 

This has been the transformational power of the public cloud infrastructure. It has enabled enterprises to scale up their computing resources while reducing their overall IT budget. In these times, enterprise CTOs can now opt out of “traditional” infrastructure systems that fail to provide consistent business utility and value.