Cloud Computing Revolution Raining On Incumbents

Grazed from Investor’s Business Daily.  Author: Patrick Seitz.

Information technology professionals these days talk more about clouds than do meteorologists.  But in the IT world, clouds refer to cloud computing, where resources are accessed over the Internet and paid for as a service.

The Internet cloud is turning enterprise computing on its head, letting new players rise up and forcing incumbent tech companies to adapt. That makes it a pretty good bet to end up as one of the key technologies of the next 30 years…

The cloud revolution promises to lower startup costs and speed implementation of computer resources for businesses. It’s made owning and maintaining servers and data storage systems less attractive for corporations and other customers…

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