Cloud Computing has me in a cloud!

http://online.wsj.com/article/SB122214259441966713.html?mod=hps_us_my_companies

Every morning when I get to work I try to make my way through the WSJ. Some mornings I am so busy tracking my companies as an Equity Analyst that I can't get through it all. This morning I noticed two articles that were of interest to our class. The article I chose to blog about was on Cloud Computing. Last week in our class Prof. Kane explained to us what Clouod Computing was, and he even gave an example in Amazon.com. Well this article mentions Amazon.com but offers up some interesting points on the definition of the phrase.

In the article, Salesforce.com CEO Mark Benioff refers to Cloud Computing as a means by which two companies can share software. This is quite a bit different than sharing spare processing power as with Amazon.com. The article goes on to mention that the term Cloud Computing has taken on all differnt meanings including: Virtualization software, and online software. No company wants to be left behind in trying to leverage the phrase into additional sales of their products.

As a result of so many companies changing the definition of the word, the expression Cloud Computing is essentially meaningless. Dell actually tried to copyright the phrase based on its feeling that cloud computing would not be possible without its products.

For a JV member of the computer world, it is of little surprise to me that yet another phrase in the computer world blows right by me. Fast and furious, thats how the tech world operates. It actually makes me feel like my current job as an equity analyst isnt so fast moving after all!

Batter up!

How about the stock market at the end of the day today. Buckle your chin straps, this is going to be a crazy finish.

MPL