With cloud computing, an on demand access to virtualized IT resources that are provided as a service over the Internet, you can reduce risk and gain control. This is not new. It has been taking place in some form or fashion for years. Just a new name has been coined to define it. For example, if you have an email account with a Web-based e-mail service like Gmail, Yahoo or Earthlink, then you've had some experience with cloud computing.
Cloud computing 101: "How Cloud Computing Works"
Wikipedia definition: Cloud computing
Whatis.com definition:
Cloud computing is a general term for anything that involves delivering hosted services over the Internet. These services are broadly divided into three categories: Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS). The name cloud computing was inspired by the cloud symbol that's often used to represent the Internet in flow charts and diagrams.
According to InfoWorld: What cloud computing really means
2010 Tipping Point for SMB Use of Cloud Computing:
Tip No. 5: SMBs use the cloud to avoid infrastructure problems faced by offering their services in different countries around the globe. The cloud will act as an equalizer in this manner and allow SMBs large and small to compete internationally.
In line with above, cloud computing has changed how companies market, sell, provision and deploy new services on a global basis.
As cloud computing goes global, you have to ask yourself: whose laws matter?
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