Key practical differences between traditional computing environments and Cloud Computing

In order for a business to embrace new technology, one must first understand what it is embracing. Cloud computing is defined by several essential characteristics:

While Cloud Computing has been a major topic of interest and excitement in the IT world for several years now, many businesses are still only just befitting to understand what it might mean for them and what impact it could have on their bottom line. If there’s anyone out there still new to the term, Cloud Computing, although difficult to define, refers to the provision of up-to-the-minute and on-demand flexible IT services via an external computer network. Cloud based applications are able to support most forms of computer-based process in the current marketplace and offer great benefits for business. Part of this is because of the removal of the requirement to install and update new software every time there is a new release or update and this equates to significant savings, both in terms of time and money.

The key practical differences between traditional computing environments and cloud computing are discussed in the table below taken from Cloud Computing for Business- The Open Group Guide.

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Title: Cloud Computing for Business -The Open Group Guide