The Utility of Cloud Computing as a New Pricing - And Consumption - Model for Information Technology

This paper provides the reader with a look at the cloud computing concept and its likely impact on information technology. It begins with a look at how cloud computing has rapidly evolved, examining what cloud computing is - and is not, seeing how the cloud has quickly taken hold as part of the everyday lives and how it is poised to become a major part of IT strategies for all organizations. This paper examine the notion of computing being "On demand," following in line with other services, such as electricity and telephony, that have become "Utilities.".