Cloud Computing - is it Just a buzz word

Wherever I go lately, I hear the term "cloud computing" or "hey, I am involved in cloud". One would think that this is revolutionary technology a far cry from the way we work today. The reality is that it might be a buzz word. Firstly visualized environments have been around for some time and many of us have been using them for some time now. Smaller companies have been using 3rd party hosts to host their websites etc for years too, almost since the beginning of the Internet. Really there is nothing so amazing about "cloud computing" , except that as a system the Internet along with the providers of hosted services are now advanced enough to offer commercially reliable and stable offerings. I guess a major change is the fact that big corporations are starting to use these services, this creates a number of issues for them - mostly in terms of process and security. I would like to see the term used less for "buzz" and more for what it really is ...

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