Grid Computing News : SES: The Cloud And The New Utility Companies

In a keynote address here at the Search Engine Strategies conference, journalist and author Nicholas Carr outlined a vision of an IT economy that stands on the cusp of a transformation more sweeping than the introduction of the mainframe or even the personal computer. "I think we are at a major turning point in the history of computing," Carr said. "The change we're starting with today is even broader than the PC revolution." That change, Carr said, is the fundamental redefinition of computing power as a utility, rather than as an asset that companies produce and manage internally. Technology is the mechanism, but, as in any shift in business, the driver is economics. Before companies were wired into the electric grid, they producing their own energy at great cost and with tremendous inefficiency.... read more