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Technology innovation and its adoption are two critical successful factors for any business/organization. Cloud computing is a recent technology paradigm that enables organizations or individuals to share various services in a seamless and cost-effective manner. This paper describes cloud computing, a computing platform for the next generation of the Internet. The paper defines clouds, types of cloud Provides, Comparison of Cloud Computing with Grid Computing, applications and concerns of Cloud Computing, Concept of Virtualization in Cloud Computing. Readers will also discover the working, Architecture and Role of I.T Governance in Cloud Computing.
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