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Avoiding a Cloud Computing Armageddon

Jun 09, 2011, 16:01 (3 Talkback[s])
(Other stories by Andy Updegrove)

[ Thanks to Andy Updegrove for this link. ]

"In Europe and the United States, the possibility of starting new, or of renewing the licenses of existing, nuclear reactors evaporated. The power of the Green Party in many EU countries surged, and in the United States, the specter of an "oil shock" that would tip the nation back into recession led to a once in a lifetime bipartisan commitment to accelerate the development of renewable energy and the reduction of energy consumption.

"Concurrently, a new business model called "cloud computing" was coming into its own, and millions of new servers were brought on line as a growing flood of public and private sector entities moved their software and data to third-party hosts that maintained them for a fee. Predictably, the IT industry rapidly consolidated as data hosting became commoditized and profit margins narrowed. After ten years, a handful of companies was hosting the data and software of most private and public enterprises."

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