January 18, 2010
Judy Greenwald, Business Insurance
Cloud computing involves using an Internet browser to access software and hardware on a “cloud,” or network of computers that can be located anywhere in the world, rather than a single, owned computer system.
Businesses can have the power of a supercomputer while no longer having to worry about administering and updating complex computer systems; those duties are essentially outsourced to the cloud computing provider.
Cloud computing also can generate considerable cost savings through economies of scale, observers say. It readily accommodates businesses’ shifting needs because the cloud’s networked servers provide adequate computer capacity whenever necessary. Read the article