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Contrary to conventional wisdom, the vast majority of business and IT executives report that cloud computing is a viable technology option that can improve a company's bottom-line results according to a new global survey conducted by an independent market research firm. However, despite growing evidence that cloud-based systems have the potential to lower costs, the majority of companies report no plans to integrate cloud computing in the next 12 months...
At a financial analyst meeting held by Oracle yesterday, the company was asked about its plans with regards to cloud computing. Oracle's chief executive and founder, Larry Ellison had the following to say in response: "We've redefined 'cloud computing' to include everything we currently do. So it has already achieved dominance in the industry. I can't think of anything that isn't cloud computing. The computer industry is the only industry that is more fashion-driven than women's fashion. Cloud Computing. I remember I was reading W and I read that orange is the new pink..." am Johnston, Strategic Consultant Specializing in Cloud Computing, however wonders if it is any surprise that Oracle would be out badmouthing cloud computing when it has the potential to disrupt their entire business?
According to a recent survey by Pew Research Center's Internet Project, 69% of all Internet users in U.S. have either stored data online or used a web-based software application. "These users are making use of 'cloud computing,' an emerging architecture by which data and applications reside in cyberspace, allowing users to access them through any web-connected device." At the same time, most of these users are still unfamiliar with the term "cloud computing."
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