EDITOR'S NOTE
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Good morning,
Australia's finance industry is struggling to adopt public cloud computing, iTnews editor Brett Winterford finds in an in-depth analysis today.
While there are no explicit regulations preventing an organisation from outsourcing its data storage, the finance sector is governed by a conservative regulator that judges every offshoring deal on a "case by case" basis.
Some argue that case-by-case regulation is needed for the Australian Prudential Regulatory Authority (APRA) to keep up with the pace of change in technology and business.
What do you think?
-- Liz Tay
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MOST READ
LATEST COMMENTS
"IMO, cloud services should only be used for non critical systems. I was recently involved in ..."
by bcmobile' Jun 17, 2010 11:29 PM'
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"Bear with me here @anonymous. If iiNet's Michael Malone, for example, is willing to come right ..."
by BrettWinterford' Jun 17, 2010 11:16 PM'
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TODAY ON ITNEWS
Software
Analysis: Grey clouds hang over Australia's finance sector
By
Brett Winterford
| June 18, 2010
Why Australia's banks struggle with cloud computing.
Telco/ISP
NBN committee pushes for cost-benefit analysis
By
Liz Tay
| June 17, 2010
But Government makes no cost-benefit commitments.
Software
Google to host week-long Sydney DevFest
By
Staff Writer
| June 18, 2010
Developers invited to Sydney office.
Software
IBM touts business mobile communications boost
June 18, 2010
Firm promises improved use of enterprise data and mobile commerce innovations.
Strategy
Facebook issues detailed response to privacy concerns
By
Dan Worth
| June 18, 2010
Social site reacts to highly critical open letter from privacy advocates.
Hardware
Foxconn suicide probe to be made public
June 18, 2010
Official claims China will publish the results of Foxconn probe.
Telco/ISP
U.S. regulators move forward with broadband rules
By
John Poirier
| June 18, 2010
Authorities move toward regulating high-speed Internet.
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Information Quality Improvement: Processes and Best Practice For Business Performance Excellence |
Sydney |
June 21, 2010 |
Information Quality Improvement with Larry P. English |
Sydney Australia |
June 21, 2010 |
Australian Python Conference |
Sydney Masonic Center |
June 26, 2010 |
Executive Seminar: Achieving the Efficiently Managed Enterprise Through IT Optimisation and Automation |
Sydney - Quay Grand Suites Sydney |
July 19, 2010 |
bwired Website Strategy Seminar July 2010 |
Queens Loft, First Floor, 133 Queensbridge Street, Southbank VIC 3006 |
July 20, 2010 |
Executive Seminar: Achieving the Efficiently Managed Enterprise Through IT Optimisation and Automation |
Canberra - Hyatt Hotel Canberra |
July 20, 2010 |
KM & Collaboration Australia |
Crystal Palace Luna Park Sydney |
July 21, 2010 |
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