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.

The Optimal Shopping Problem and Online Dating

The “Secretary Problem,”  also known as the “Optimal Stopping Problem,” is an example of decision theory. It deals with the challenge of mak...