Cloud 2.0
July 3, 2015
Grazed from TechInvestingDaily. Author: Alex Koyfman.
It seems like just a little while ago that the world was introduced to the mysterious, abstract, and often confusing term “cloud computing.” Evocative of a fresh, clean, airy, futurist utopia, cloud computing took the world by storm, gaining millions of users — even though a good proportion of them weren’t even sure what it was they were using.
What cloud computing actually is may perhaps be a bit of a letdown to those imagining super-smart microprocessors floating in the sky. In reality, cloud computing is nothing more than shared data storage on a mass scale, operated by large companies offering countless terabytes at miniscule prices to anybody with Internet access…
They call it the cloud because its users don’t ever see or physically touch this new storage medium. They tap into it using their personal devices and are usually unaware when data flows into or out of it. As far as most of us are concerned, our data just exists somewhere, securely stored, backed up, and even ensured against malfunctions and hardware failures…
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