Teak Technologies

Credit: CHRISTINE DANILOFF/MIT

But for applications that depend heavily on database queries, cloud hosting can pose as many problems as it solves. Cloud services often partition their servers into “virtual machines,” each of which gets so many operations per second on a server’s central processing unit, so much space in memory, and the like. That makes cloud servers easier to manage, but for database-intensive applications, it can result in the allocation of about 20 times as much hardware as should be necessary.

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CIOs and IT executives have a lot of trends to discuss. What is the latest technology? What is temporary or promising? When should I invest in technology? How can it help my business to succeed? IT technologies are not just about running the business, they are also creating a more competitive differentiator, which affects business performance.

A frequent topic of discussion among CIOs today is related to cloud services. Find more…

Microsoft Chief Executive Officer (CEO) Steve Ballmer shares his vision about emerging technology and innovation, including the benefits of cloud computing at the C11 Cloud Summit in New Delhi. (Raveendran/AFP/Getty Images)

NEW YORK—“The cloud is about economies of scale. There are a few large players that have this ability to scale,” said Ben Fried, CIO of Google. He then added with emphasis, “Even the financial services firms on Wall Street can’t do the cloud.”

In a keynote interview at the first annual Bloomberg Enterprise Technology Summit, held in New York City on May 17, Mr. Fried went

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