Significant investments are being made in the cloud by many of the world’s leading companies and cloud computing continues to evolve. According to a new study by the analyst firm IDC (News - Alert), spending on public and private IT cloud services will generate nearly 14 million jobs worldwide from 2011 to 2015. The fact that a company can fulfill its computing requirements on an as-needed basis by simply purchasing services is a key attractor to the cloud. Because cloud computing consists of a ‘pay for use’ model similar to what a utility company offers, a company’s size and its computing prerequisites dictate the scale of services it will require.
In an article published by online magazine CloudTweaks, author Jeff Norman states, “IT innovation created by cloud computing could produce $1.1 trillion a year in new business revenues.” This is significant news for Microelectronics Technology (News - Alert) Corporation. This is because the company, with the implementation of its Web App Cloud Hosting Modules- Sproqets configuration, will be a leader in the move to provide the infrastructure required to facilitate significant App Hosting, the wave of the future in relation to the cloud.
The Sproq.com service is currently under development, with developmental servers and hardware already deployed. Sproq.com is scheduled for launch second quarter 2012. With Sproq, the next generation cloud application hosting service, customers will be able to start with a single sproqet. Then, as they need to scale up they will be able to purchase additional sproqets. Upon successful alpha test completion, the next phase of development will be to establish a commercial co-location facility with the bandwidth, security and reliability required to meet the scalability of the Sproq Node modules.
Cloud computing can make a variety of computing services available to companies of all sizes on an ‘as-need’ basis. It allows providers to offer a range of physical resources, such as processors, data storage, applications, and platform access for developers. Providers accomplish this by having extensive server farms strategically located around the world.
As cloud use grows and matures, it will be important for companies to differentiate between Infrastructure as a Service (IaaS), Software as a Service (SaaS (News - Alert)), and Platform as a Service (PaaS) as well as an understanding of how cloud interweaves with the issues of the day, such as U.S. government policy and European data protection protocol. Cloud features, such as scalability and on-demand resource allocation, are fundamental to why an increasing number of small companies and large enterprises are incorporating the cloud into their business.