Discuss on migrating information to the cloud

What do you believe to be the most compelling reason to migrate information to the cloud? What is your biggest security concern about doing so?

please write the response in500-1000 words. The topics to be over viewed are

– Cloud computing has become an essential part of all business models

– There is financial value in employing cloud-computing solutions for a variety of applications and situations.

– Who is responsible for security, compliance and governance?

– What effect does cloud computing on businesses?

– How companies will determine how to create policies in cloud computing