Cloud computing, a radical new business model that purports to slash technology costs by up to 80%?
Two years ago “cloud computing” was viewed by many businesses as a buzzword with no particular meaning, used by tech-heads who didn’t quite know what they were talking about.
Now, using cloud services has become an essential for businesses. Whether they are backing up their data or using a piece of software hosted on external servers, cloud computing is now a part of everyday operations for many SMEs.
Cloud services have branched out into three main categories: applications, also known, infrastructure, used for data backups, and internal service providers for businesses with customised apps and programs.
Analyst recently named cloud computing as one of the top strategic technologies for 2010, saying it could be exploited in a number of different ways to customise programs and apps to a particular company’s needs.
“Using cloud resources does not eliminate the costs of IT solutions, but does rearrange some and reduce others. In addition, consuming cloud services enterprises will increasingly act as cloud providers and deliver application, information or business process services to customers and business partners.”
Should Monash University adopt this new technology?
Should Monash University adopt this new technology?



