With Cloud Computing, The Sky's The Limit

Grazed from Forbes. Author: William Craig.

There are a lot of technical buzzwords floating around the business world right now, but “cloud” may still be one of the most misunderstood. According to the National Institute of Standards and Technology (NIST), the official definition for cloud computing goes something like this:

Cloud computing is a model for enabling convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications, and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction. This cloud model promotes availability and is composed of five essential characteristics, three service models, and four deployment models...

That’s a mouthful, and just like any of the other paradigm shifts the business world has weathered in recent years and decades, cloud computing has a bit of a learning curve. Still, it’s estimated that about 37% of America’s small businesses have taken advantage of cloud computing, and an Intuit study conducted last year predicts that this figure could double over the next five years...

Read more from the source @ http://www.forbes.com/sites/williamcraig/2015/10/22/with-cloud-computing-the-skys-the-limit/