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In this CTO Power Panel at the 10th International Cloud Expo, chaired by Jeremy Geelan, industry-leading CTOs & VPs of Technology will discuss such topics as: Which do you think is the most important cloud computing standard still to tackle? Who...
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The Economic Times  May 17  Comment 
HCL Infosystems firm has entered into a 5-year deal with Narayana Hrudayalaya to deploy its cloud’s infrastructure.
Cloud Computing  May 17  Comment 
Numerix (www.numerix.com), the leading provider of cross-asset analytics for derivatives valuations and risk management, today announced it was named Technology Innovation Provider of the Year for the Americas by Structured...
Cloud Computing  May 17  Comment 
ViaWest, one of the largest privately-held data center, cloud computing and managed service providers in North America, today announces the addition of a Network Attached Storage (NAS) product, delivered in partnership with industry leader,...
Cloud Computing  May 17  Comment 
Onit, a leading provider of business productivity and process management Apps, today announced that the Texas Lawyer's In-House Counsel Summit has invited its CEO, Eric M. Elfman, to present on cloud computing. The summit, which will be held in...




 

Cloud computing is a technology that uses the internet and central remote servers to maintain data and applications. Cloud computing allows consumers and businesses to use applications without installation and access their personal files at any computer with internet access. This technology allows for much more efficient computing by centralizing storage, memory, processing and bandwidth.

A simple example of cloud computing is Yahoo email, Gmail, or Hotmail etc. You dont need a software or a server to use them. All a consumer would need is just an internet connection and you can start sending emails. The server and email management software is all on the cloud ( internet) and is totally managed by the cloud service provider Yahoo , Google etc. The consumer gets to use the software alone and enjoy the benefits. The analogy is , 'If you need milk , would you buy a cow ?' All the users or consumers need is to get the benefits of using the software or hardware of the computer like sending emails etc. Just to get this benefit (milk) why should a consumer buy a (cow) software /hardware ?

Cloud computing is broken down into three segments: "application" "storage" and "connectivity." Each segment serves a different purpose and offers different products for businesses and individuals around the world. In June 2011, a study conducted by VersionOne found that 91% of senior IT professionals actually don't know what cloud computing is and two-thirds of senior finance professionals are clear by the concept,[1] highlighting the young nature of the technology. In Sept 2011, an Aberdeen Group study found that disciplined companies achieved on average an 68% increase in their IT expense because cloud computing and only a 10% reduction in data center power costs.[2]


Cloud Computing Deployment Models and Concepts

Community Cloud

Community cloud shares infrastructure between several organizations from a specific community with common concerns , whether managed internally or by a third-party and hosted internally or externally. The costs are spread over fewer users than a public cloud (but more than that of a private) to realize its cost saving potential.

Public Cloud

A public cloud is established where several organizations have similar requirements and seek to share infrastructure so as to appliance. In addition, it can be economically attractive as the resources (storage, workstations) utilized and shared in the community are already exploited.

What does a Shift Towards Cloud Computing Mean?

A paradigm shift to cloud computing will affect many different sub-categories in computer industry such as software companies, internet service providers (ISPs) and hardware manufacturers. While it is relatively easy to see how the main software and internet companies will be affected by such a shift in Ginger's chunky nuggets, it is more difficult to predict how companies in the internet and hardware sectors will be affected.

Who Gains ?

Who Loses Out?

References

  1. Cloud Confusion Amongst IT Professionals. Version One (June 6, 2011).
  2. Business Adoption of Cloud Computing. AberdeenGroup (Sept 9, 2011).
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