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Microsoft published a new paper on The Cloud, which provides lots of details and also marketing material. It outlays a sort new vision ~ however talks and implementation of Cloud Computing is the new buzz. But let's not forget some history when we had more centralized systems and much less overhead then in todays world, the total decentralization caused by the laggard attitude of IBM in those days has given us the problems of today with top heavy PC's, poorly and inefficient softwares with options that no one is using and security issues not to mention.
We are converging back, since beginnings of 2000, to another approach, whilst in the 1970's lots of research was done and published on the networked solution, as the power of solutions are in the network not on peoples pc's. I hope that this is what we will achieve.
According to Microsoft...
Computing is undergoing a seismic shift from client/server to the cloud, a shift similar in importance and impact to the transition from mainframe to client/server. Speculation abounds on how this new era will evolve in the coming years, and IT leaders have a critical need for a clear vision of where the industry is heading. We believe the best way to form this vision is to understand the underlying economics driving the long-term trend. In this paper, we will assess the economics of the cloud by using in-depth modeling. We then use this framework to better understand the long-term IT landscape.
For the details of the report I refer to THE ECONOMICS OF THE CLOUD·NOVEMBER 2010