Cloud

Cloud: Powered by the Network What a Business Leader Must Know

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Executive Summary

Cloud is a new computing paradigm. In Cloud, IT resources and services are abstracted from the underlying infrastructure and provided on-demand and at scale in a multi-tenant environment. Cloud has several characteristics: Information technology, from infrastructure to applications, is delivered and consumed as a service over the network; Services operate consistently, regardless of the underlying systems; Capacity and performance scale to meet demand and are invoiced by use; Services are shared across multiple organizations, allowing the same underlying systems and applications to meet the demands of a variety of interests, simultaneously and securely; Applications, services, and data can be accessed through a wide range of connected devices (e.g., Smart phones, laptops, and other mobile internet devices).

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