Wednesday, November 24, 2010

Gartner Says Cloud Computing As Important as E-Business

“Cloud computing heralds an evolution of business no less influential than the era of e-business,” says Stephen Prentice, Gartner VP and fellow. Individuals and businesses will be able to choose how they’ll acquire or deliver IT services, with reduced emphasis on the constraints of traditional software and hardware licensing models, says Prentice.

“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,” says Rakesh Kumar, Gartner VP.

On the Use and Misuse of Principles, Theorems and Concepts

When financial commentators compile lists of "potential black swans," they misunderstand the concept. As explained by Taleb Nasim ...