Now there are some attractive benefits for users to keep their data in the cloud. Namely, they don't have to buy expensive hardware to keep it on their own premises. Micrososft, Amazon and other cloud providers will store it and if you need to grow your capacity, it's just another charge on the credit card.
The economics of the cloud can be compelling and these analytics services and products can be great. Microsoft says its Machine Learning capability can help financial institutions detect fraud, help health care providers give more efficient care and help retailers make smarter decisions about how to stock their shelves. That's all well and good. But all of those decisions take a lot of data to analyze and provide actionable insights on. Just remember that once that data goes into the cloud, it can be tough to get it out, and you'll be paying to keep it there.
Sign up for CIO Asia eNewsletters.