The arrival of cloud computing has affected just about everyone in business. The new structure for IT systems offers opportunities from personal use to industrial use. It also offers opportunities for investors willing to look at a wider landscape than the local Australian share market.Just to recap: cloud computing is computing in which large groups of remote servers are networked to allow centralised data storage and online access to computer services or resources.
Cloud Computing Bursting With Investment Potential
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Cloud technology is a direct beneficiary of the explosive growth of all internet-based services, including search, streaming media, offline storage of personal data (photos, books, music), as well as background processing capabilities. Also driving the growth in the cloud industry are the cost savings realised when software and the hardware necessary for tech services are outsourced, thus vastly improving the economics of IT for both companies and government entities alike.Comment
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Cloud computing is probably one of the most disruptive forces that the IT industry has ever faced. Businesses no longer have to ***emble large, complicated, hardware heavy networks in house and they can upgrade or scale up or down at little cost. Who are the losers? Legacy providers of databases (Oracle), hardware (Hewlett Packard, Dell), and established infrastructure providers like IBM and CSC.Comment
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