CLOUD COMPUTING OUT OF THE CLOUD

As with WEB 2.0 everything seems to be moving and changing with a fast pace and companies have to keep up by bringing new technology within their departments in order create a strong competitive advantage. That is why cloud computing is at the moment all the rage, its become the phrase du jour as Mr. Ben Ping , senior analyst at Gartner explains, echoing many of his peer. Being at an early stage of development there are speculations whether it is a good or a bad investment, but cloud computing is one of the key emerging trends for technologies today. New platforms, new providers and new opportunities abound. The strategic importance of information technology is diminishing as it becomes standardized and less expensive and the cloud computing paradigm shift is similar to the displacement of electricity generators by electricity grids early in the 20th century.