Have you heard about Cloud Computing ... it is supposed to be "the-buzz," and organizations are investing in it!
What is it??? How are organizations hoping to use it? ...
Cloud Computing is computing that is done in the "cloud" - a metaphor for Internet.
Applications, business and otherwise, are provided to users via the Internet, using SaaS (software as a service), Web 2.0 and other virtual technologies.
Data that is needed, to be accessed and/or stored, can be accessed / stored either on the App-provider's servers and/or Virtually ... in effect remote computing on the Web.
Cloud Computing concepts trace-back to 1960s. In the 90's ATM networks were referred to as "clouds", and their diagrams used cloud-symbols to represent them, that is, the Internet. Thus “cloud” simply means the Internet.
Cloud Computing helps organizations subscribe to an online service using a per use model ... thereby reducing capital costs, and making computing as a variable-cost that can be managed, according to needs!
However, although Cloud Computing provides the potential for replacing capital investments and leveraging the internet ... not having control over enterprise data and resources has implications, security and governance being the key issues!