CIOs and CTOs should keep their eye on the evolution toward maturity of the public cloud and keep close track of the costs of the private cloud so that rational decisions can be made about where to provision specific types of applications and functionality.

FORBES: How CIOs and CTOs should Improve their Businesses with the Private Cloud

Go for funds that have a long track record and keep a close eye on their costs.

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Frustrated that he had no way to keep track of what the law firms were actually charging him for, Schottenstein hired his close friend Robbie to be his primary lawyer.

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