The Economic Benefit of Cloud Computing

The Economic Benefit of Cloud Computing
(The following is the Executive Summary of a recent NJVC Executive Whitepaper. The full version will be available at  -  PE5NFWTZXN97)Cloud computing, as defined by the , is a model for enabling “… convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction.” NIST is implying the economies of scale that go with cloud computing when it refers to a pool of configurable computing resources. …