SOURCE:Â Wall Street & Technology
While use of cloud computing continues to grow at a healthy pace, determining exactly what “the cloud” is remains a topic of discussion. The U.S. National Institute of Standards and Technology (NIST) provides a useful definition: “Cloud computing is a model for enabling convenient, on-demand network access to a shared pool of configurable computing resources (e.g., networks, servers, storage, applications and services) that can be rapidly provisioned and released with minimal management effort or service provider interaction.”
