Cloud computing promises an evolution of business: Gartner
By siliconindia   |   Thursday, 25 November 2010, 08:31 IST
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Mumbai: As a result of many years' of development, the core ideas of cloud computing - pay for use, mulitenancy, external services - appear to be resonating more strongly for more people, analysts opined at the discussion on Cloud Computing Scenario during two-day long Gartner CIO and IT Executive Summit 23 - 24 November in Mumbai. "Cloud computing heralds an evolution of business - no less influential than the era of e-business - in positive and negative ways," said Stephen Prentice, Vice President and Gartner fellow. "Overall, there are very real trends toward cloud platforms and also toward massively scalable processing. Virtualization, service orientation and the Internet have converged to sponsor a phenomenon that enables individuals and businesses to choose how they'll acquire or deliver IT services, with reduced emphasis on the constraints of traditional software and hardware licensing models," he said. The cloud services marketplace continues to exhibit great diversity of activity, maturity and growth among the many different elements. There is an acceleration of adoption of cloud computing and cloud services among enterprises, and an explosion of supply-side activity as technology providers maneuver to exploit the growing commercial opportunity, said the Gartner analysts. "The potential benefits of cloud are a shift from 'capacity' on demand to 'capability' on demand, a reduced cost of computing resources and a shift from technology use to 'value' consumption," said Rakesh Kumar, Research Vice President at Gartner.

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