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Outsourcing: The wise CFO will retain control of the company’s vital data

The cloud – a big, fluffy zone of storage, shared computing power, services and applications. What’s not to like?

At the consumer level, cloud services such as Dropbox, a file sharing service, and applications such as Google Mail and Microsoft’s Office Live, make a lot of sense: you do not have to manage the infrastructure yourself.

The same applies to businesses: why have a bank of humming email servers and a team of techies to maintain them if you can outsource that function?

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