Cloud computing, or something within the cloud, is an expression used to describe a variety of computing concepts that involve a large number of computers connected through a real-time communication networks such as the Internet.
In science, cloud computing is a synonym for distributed computing over a network, and means the ability to run a program or application on many connected computers at the same time.
The phrase also more commonly refers to network-based services, which appear to be provided by real server hardware, and are in fact served up by virtual hardware, simulated by software running on one or more real machines. Such virtual servers do not physically exist and can therefore be moved around and scaled up (or down) on the fly without affecting the end user - arguably, rather like a cloud.
Cloud computing is something most of us already use. Facebook is an example.
Instead of saving your data (pictures) on your home computer it is saved on a cloud based network. These are physical networks set up in data farms. A data farm is simply a warehouse full of computers, which you can access through the Internet.
This sort of system means that you will no longer have to update your old desktop computer. All you will need is access to the Internet.
The cloud will save you costs in regards to having to buy new computers, updating software and the expense of having IT people coming to set up systems and repair problems.
It is clear that the world is going this way and in the future cloud computing will be the norm. Most people you will barely notice the change as new deceives come out.
The downside to this technology:
Cloud computing is certainly the future of computing. We have little choice in this regard, however, there are downsides and small businesses should take note as this could affect you.
Investors need to realize that this technology will be very profitable in the long-term.
Not investing in data storage and cloud computing will indeed affect your overall return.
We will be watching closely for the best opportunities to be invested.