How Does Cloud Computing Look from the Viewpoint of an Economist?

July 9, 2013
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By Bernard Golden (from CIO.)

“It’s undeniable that the entire technology industry is shifting to cloud computing. Just as the ’80s was the era of the PC, and the ’90s (and ’00s, too) was the era of the Web, it’s inevitable that the ’10s will be the era of cloud computing.

Endless words have been written about the technology underlying cloud computing. A number of orchestration products joust, each described by its company as the most complete, best performing product on the market. We’ve seen hybrid cloud products released by every vendor from Borneo to Nome, every one non pareil in tying together distributed orchestration products. One has even seen IBM describe its mainframe products as “truly a cloud” because mainframes, well…compute, I guess.

Of course, this is understandable. Every cloud product is associated with a vendor, and every vendor has to make its numbers. If the technology trend a la mode is cloud, well, then every vendor needs to look au courant. In addition, IT groups love new technology; after all, that’s what they specialize in, and every new trend and product that comes down the block is a new chance to build expertise and cement their position as the technology nomenklatura.”

The rest of this article may be found here.

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