Outsourcing and Cloud Computing

Outsourcing: Big corporates took lead and done it first
Cloud Computing: Startups and SME and leading the bandwagon

Outsourcing: Banking, Finance, Insurance, Cxxxx were early movers
Cloud Computing: Technology sector is leading

Outsourcing: Non core applications were early targets
Cloud Computing: Non core applications and once off computational needs are prime targets

Outsourcing: Cost cutting was prime mover
Cloud Computing: Cost cutting is prime mover

Outsourcing: As cost differential is shrinking but still out sourcing is growing because of core competency argument
Cloud Computing: Focus is on Cost cutting

Outsourcing: Concerns - Security, Privacy, SLA definition & follow-up, Compliance and change in thinking
Cloud Computing: Concerns - Security, Privacy, Availability, control over IT assets, Audit-ability, SLA definition & follow-up, Compliance, different style of application & infrastructure architecture, Software licenses, Vendor lock-in and most important is Change in thinking

Outsourcing: Morphed into Off-Shoring and Near-Shoring
Cloud Computing: Still evolving

Outsourcing: Technique is mastered
Cloud Computing: Still evolving

Outsourcing: Follow the Sun
Cloud Computing: Present: None, Future: May be follow the Moon