DUBLIN, May 10, 2010 (BUSINESS WIRE) -- Research and Markets (http://www.researchandmarkets.com/research/1a1577/its_asset_managem) has announced the addition of the "ITs Asset Managements New Challenge: Cloud Computing Sprawl" report to their offering.

Effective IT asset management strategies need to be implemented to manage Cloud Computing and SaaS sprawl. An IT and business administration nightmare is emerging as SaaS and Cloud vendor relationships proliferate in an opportunistic manner, creating a spaghetti environment of shadow sourcing relationships, off-contract purchases and security risks.