Next Gen Smart and Connected Systems

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Executive Summary

With the kind of technological advancements such as cloud computing, virtualization, computing grids, etc, that the people are seeing today, soon the hardware and software producers will be under severe pressure to deliver cheaper and cost effective solutions and to combine them with innovate commercial models such as "Pay as you use" or "Pay per use" etc. Imagine that one laptop contains only a browser like software, which will enable you to connect to clouds around your area and then dynamically fetch the required computing resources of h/w and s/w. It will be even better; if one could get software (even a DBMS) that you want at that point in time to execute an application, for a pepper corn price subscription.

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