Date Added: Dec 2010
Cloud Computing is a model of service delivery and access where dynamically scalable and virtualized resources are provided as a service over the Internet. This model creates a new horizon of opportunity for enterprises. It introduces new operating and business models that allow customers to pay for the resources they effectively use, instead of making heavy upfront investments. The biggest challenge in Cloud Computing is the lack of a de facto standard or single architectural method, which can meet the requirements of an enterprise cloud approach.