Friday, October 5, 2012

WOLF Weekly Cloud Sum-up, October 05, 2012

The cloud's vast computing power is making it easier and less expensive for companies and clinicians to discover new drugs and medical treatments. Analyzing data that used to take years and tens of millions of dollars can now be done for a fraction of that amount. Most of us know Amazon as the world's largest online retailer. But its cloud computing business is booming too. Companies can rent massive computer resources by the hour, and the cost is relatively little. The ability to analyze vast amounts of data in this way is changing lots of industries — including health care.

Source: istockphoto

Read More to see how Cloud Computing Saves Health Care Industry Time and Money

The Proposed "Cloud Computing Act of 2012," and How Internet Regulation Can Go Awry

Sen. Amy Klobuchar has introduced a new bill, the “Cloud Computing Act of 2012” (S.3569), that purports to “ improve the enforcement of criminal and civil law with respect to cloud computing.” Given its introduction so close to the election, it’s doubtful this bill will go anywhere. Still, it provides an excellent case study of how even well-meaning legislators can botch Internet regulation.

Cutting cloud computing costs

The recent news that Amazon Web Services, the market pioneer in infrastructure-as-a-service (IaaS), has built a cloud computing platform designed to cut the cost of storing financial data is a clear indication that the cost of cloud computing is on a downward spiral. This is good news for would-be cloud service subscribers who must also be buoyed by Microsoft's cut in prices for Windows Azure, the compute and storage pay-as-you-go services. It's no secret that these two organisations are moving to expand their market share in the face of growing competition in the cloud from Google and other players.

Cloud Computing in the European Union

Last week, the European Commission announced its strategy for cloud computing. In doing so, the Commission aims to establish uniform rules that govern the use of cloud technology across member states, allowing the EU to exploit the enormous economic potential that this technology has to offer.

The End of "Cloud Computing?"

In an effort to free cloud computing from the clutches of such marketing efforts, a few technology companies are starting to push their own, more literal definitions of cloud computing. One such term is "software-defined datacenter," a term heavily touted by VMware, which is trying to leverage its virtualization expertise. "A software-defined datacenter is where all infrastructure is virtualized and delivered as a service, and the control of this datacenter is entirely automated by software," stated VMware CTO Steve Herrold.

We hope these short sum-ups on Cloud Computing are helping you to take a knowledgeable approach towards moving to the cloud. Stay tuned for more sum-ups on in the forthcoming week.

Don’t forget to add your comments and suggestions. I will have more around the cloud a week later.

Santanu Das
Marketing Evangelist, WOLF Frameworks

NOTE: The views expressed above are purely personal and for informational purposes only. WOLF FRAMEWORKS INDIA PVT. LTD. MAKES NO WARRANTIES, EXPRESS OR IMPLIED, IN THIS SUMMARY. The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

1 comment:

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