New research sheds light on Cloud Computing

 In Industry News
Market Publishers

Market Publishers

A new market research study “State of the Cloud: Analysis of Cloud Services, Companies, and Applications” elaborated by Mind Commerce Publishing has been recently published by Market Publishers Ltd. (Birmingham, UK)

The study suggests that the understanding of business models and the economics of distributed computing systems and services is necessary in order to build sustainable e-infrastructure and businesses around this paradigm of sharing cloud services.

Cloud computing has emerged as a potential solution for managing data generated from the advanced metering technology used in smart grids. Issues related to the large-scale, real-time computing, communication, transfer and storage of data generated by smart grid technologies can all be addressed through cloud computing. Cloud computing is a new phenomenon in the field of information technology that will allow utilities to make better use of their storage and processing capacity in smart grids. The need for cloud computing will increase as the deployment of smart meters and intelligent electronic devices increases.

The understanding of business models and the economics of distributed computing systems and services is necessary in order to build sustainable e-infrastructure and businesses around this paradigm of sharing cloud services. Today, only a handful of companies have created successful businesses around cloud services.

New market research study “State of the Cloud: Analysis of Cloud Services, Companies, and Applications” elaborated by Mind Commerce Publishing has been recently published by Market Publishers Ltd.

Source: Mind Commerce Publishing

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