Part 3: New  York City Live Exchange Feb. 1, 2010

Trevor Bunker, VP, IT Transformation Group at  CA Inc., told attendees that performance and security management are the biggest concerns enterprises have about moving to cloud computing models. And with good reason: Protecting data is more complex when it's outside your organization and audits are needed, he said. Asking 'where is my data?' is a legitimate concern, Bunker said. More standards and interoperability capabilities are needed to allay concerns.

CA views the cloud as here to stay; "we're beyond the hype," he said. Hybrid models will be common. Bunker also said that large enterprises are participating in new service models as much as small businesses. CA will offer businesses ways to screen providers and compile regulatory and security information associated with cloud implementation.