cloud computing……..a technology of future….

Cloud storage means “the storage of data online in the cloud,” wherein a company’s data is stored in and accessible from multiple distributed and connected resources that comprise a cloud.

In a cloud computing system, there’s a significant workload shift. Local computers no longer have to do all the heavy lifting when it comes to running applications. The network of computers that make up the cloud handles them instead. Hardware and software demands on the user’s side decrease. The only thing the user’s computer needs to be able to run is the cloud computing system’s interface software, which can be as simple as a Web browser, and the cloud’s network takes care of the rest.

Advantages of cloud computing…..

• Companies need only pay for the storage they actually use, typically an average of consumption during a month. This does not mean that cloud storage is less expensive, only that it incurs operating expenses rather than capital expenses.
• Organizations can choose between off-premise and on-premise cloud storage options, or a mixture of the two options, depending on relevant decision criteria that is complementary to initial direct cost savings potential; for instance, continuity of operations (COOP), disaster recovery (DR), security (PII, HIPAA, SARBOX, IA/CND), and records retention laws, regulations, and policies.
• Storage availability and data protection is intrinsic to object storage architecture, so depending on the application, the additional technology, effort and cost to add availability and protection can be eliminated.

refrence…wiki

howz this guyz…….