Outrageous claims like salesforce.com’s Benioff, “Software is Dead” rally cry help drive revenue and new marketspaces such as cloud computing. However, there is more than ounce of truth in his slogan.
In fact, with regards to the cloud computing phenomenon, I highly recommended the book, The Big Switch. The author draws an interesting and compelling analogy between the electrical grid and the burgeoning cloud computing grid. The distribution of electrical power changed the industrial age; the cloud computing and its related technologies will change the information age and society.
The economic benefits of cloud computing will be hard to ignore as cloud computing service providers (e.g., salesforce.com, amazon EC2, etc..) drive prices even lower as they gain even larger economics of scale. The current technical hurdles associated with cloud computing (e.g., data security, performance, virtualization vendor impedance, etc…) will be overcome. In the near-term, there will certainly be a bias towards private and hybrid clouds. However, over time, I suspect that the majority of consumer and corporate computing assets will reside in the public cloud.
Posted By : Ray Bordogna
Tags: LiquidHub