Cloud Computing is defined as a style of computing which must cater to dynamism, abstraction and resource sharing according to Gartner. In simple terms, in today’s volatile world this emerging trend is a life saver for 1. Companies witnessing growth in their business can add IT infrastructure at a minimal cost and restrict/control IT spend in proportion to their growth/degrowth and 2. For companies to leverage their excess IT capacity created.
- Dynamism- In a volatile business environment a company can adjust their IT requirement by adapting the “plug & play” model. Businesses can simply configure/re-configure their needs and the provider will take care of the additional load.
- Abstraction- Enables companies, especially smaller businesses/startups to focus on their core business, its key drivers and dynamics rather than spending valuable managerial time on OS, Platform, servers, vendor evaluation etc.
- Resource Sharing- This is truly where the magic of Cloud Computing comes in. A company can suitably increase loads in certain timeframes like beginning of the month or holiday seasons without worrying to about the huge spend for the additional bandwidth (which will be idle otherwise). It is up to the vendor to take care of the balancing act between multiple clients to ensure optimal utilization of their assets
Cloud Computing can be classified into these major stacks
- Infrastructure as a Service (IaaS) - The practical example of this concept is Amazons Elastic Computing 2 (EC2) where the consumer gets to choose his requirements of cloud infrastructure like servers, routers, firewalls, storage etc. and can subscribe to it as a service for a cost instead of having their own resource
- Platform as a Service (PaaS) - The practical example here is the Google App engine where small and mid size businesses can use the platform, usually web based instead of investing huge sums for their development
- Software as a Service (SaaS) - Regarded as the highest stack of the cloud computing concept where the product is directly used by the buying businesses. This saves on huge capital expenditures and maintaining a team of programmers. Small and medium businesses (SMEs) can now enjoy these high end software solutions at a fraction of a cost. Usually the SaaS stack follows a “pay as you go” model and works on a browser based environment. The best example here would be Wipro w-SaaS
- Data as a Service (DaaS) - DaaS involves outsourcing data or data management to a third party whereby the data is mined and maintained offsite with a software to dive into the data to use or manipulate the same as the company desires.
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