Cloud computing, defined as a subscription-based or pay-per-use service that in real time, and over the Internet, extends existing capabilities of Information Technology, remains at an early stage of conceptual development. Services do range from full scale applications such as accounting and storage to niche services such as spam filtering. Proponents of cloud computing contend that it erodes the requirements for major capital expenditures on IT infrastructure to customer applications. However, will cloud computing replace […]
capital expenditures
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