At first glance, hosting applications in the cloud seems to require less setup and operational cost, which accounts for its great appeal. That said, the world is still trying to make sense of how cloud computing can really fit into the enterprise computing puzzle in the midst of so many of the complex challenges we face, like the ever increasing needs for security, continuing dependency on age old legacy systems, ever increasing uncertainty in the current troubling global economic situation, and more. Nevertheless, one thing that is quite clear to me is that cloud computing during this economic uncertainty does offer a great new hope for organizations if only for its “pay as you go” approach.