8. Cloud Analysts Corner By 2011 the volume of cloud computing market opportunity would amount to $160bn, including $95bn in business and productivity apps (email, office, CRM, etc.) and $65bn in online advertising. Source: IDC Blog Spending on IT cloud services will triple in the next 5 years, reaching $42 billion and capturing 25% of IT spending growth in 2012 Source: sys-con.com Project Colloquium 2010-2011
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10. Cloud computing networks are large groups of servers, where cloud service providers usually take advantage of low-cost consumer PC technology, with specialized connections to spread data-processing chores across them. Project Colloquium 2010-2011
11. Cloud Computing Architecture Front end Servers, application softwares, etc Back end Project Colloquium 2010-2011
12. Applications Clients would be able to access their applications and data from anywhere at any time. If the cloud computing system's back end is a grid computing system, then the client could take advantage of the entire network's processing power. Project Colloquium 2010-2011
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14. You do not have control over the remote servers, their software, or their security
15. It may be difficult (or even impossible) to migrate massive amounts of data from the provider Project Colloquium 2010-2011
16. News Corner In July 2008, HP, Yahoo! (YHOO), and Intel (INTC) announced a joint cloud computing research project called the Cloud Computing Test Bed. The companies are jointly designing and producing the internet based testing utilizing HP hardware and Intel processors. The following companies are some that have developed platforms that allow end users to access applications from centralized servers using the internet. Next to each company is the name of their platform. Google (GOOG) - Apps Engine Amazon.com (AMZN) - EC2 Microsoft (MSFT) - Windows Azure SAVVIS (SVVS) - Symphony VPDC Terremark Worldwide (TMRK) - The Enterprise Cloud Salesforce.com (CRM) - Force.com NetSuite (N) - Suiteflex Rackspace Cloud - cloudservers, cloudsites, cloudfiles Metrisoft - Metrisoft SaaS Platform Project Colloquium 2010-2011