Cloud computing is the delivery of scalable IT services over the Internet, with applications and files stored on a large external network. What does that mean?
It means that instead of running software applications on your computer, you run the apps in the "clouds" in cyberspace, in other words through the Internet. All your programs and files are stored on an outsourced computer network. Sometimes, certain aspects of cloud computing are referred to as platform as a service [PaaS] and software as a service [SaaS]. WallStreetNewsNetwork.com has released a downloadable Excel database of 16 different publicly traded companies with some connection to cloud computing.
If you have ever used Google (GOOG) Docs or Google Calendar, you have experienced a small example of cloud computing. Many companies, organizations, and universities have turned their email system over to gmail, another form of cloudware. Google will be one of the major players in this field. The stock has a PE of 28, is debt free, and has over $15.8 billion in cash.
Here are a dozen of the advantages of clouds:
1. Server equipment cost reduction due to elimination of the necessity of on site servers.
2. Staffing cost savings, since there is little or no need for on-site network administration.
3. Potential for lower software licensing costs.
4. Elimination of server maintenance costs.
5. Small initial upfront investment.
6. Built-in computer disaster recovery services & back-up sites.
7. Reduction in client station costs. In other words, no need to buy new computers for staff as long as existing computers can connect to the Internet.
8. If additional staff computers need to be purchased, they can be cheap 'dumb' terminals.
9. Clouds provide scalability; can easily grow as the company grows.
10. The ease of the sharing of resources.
11. Services can be automated.
12. Speed of access of data.
Another major company in this currently narrow industry is Salesforce.com (CRM), a provider of customer-relationship management services. They have lately been promoting 'the end of software'. Salesforce doesn't just market to the small and medium size-companies, they have major users of their services, including Corporate Express division of Staples (SPLS), Daiwa Securities (DSECY.PK), Expedia (EXPE), Dow Jones Newswires subsidiary of News Corp. (NWS-A), SunTrust Banks (STI), and Kaiser Permanente. Salesforce has a very high PE ratio of 107, a nominal amount of debt amounting to a little over $2 million, with almost $700 million in cash.
To see an Excel spreadsheet database of many companies which are involved in cloud computing that can be sorted, added to, and changed, go to wsnn.com.
Author does not own any of the above.
By Stockerblog.com
1 comment:
That was a great blog representation about the Cloud computing and its services. By the way I am new to the technology. I have planned to gather more information's and updations of Cloud computing. Do you heard about the Cloudslam 2010 conference which is an upcoming event covering latest events and innovation of Cloud Computing.
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