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CloudChain, a cloud-oriented blockchain system is designed to increase the layers of security. [36] Currently, global spending on cloud computing services has reached $706 billion and the International Data Corporation predicts it to reach $1.3 trillion by 2025. [37]
The expression cloud computing became more widely known in 1996 when Compaq Computer Corporation drew up a business plan for future computing and the Internet. The company's ambition was to supercharge sales with "cloud computing-enabled applications". The business plan foresaw that online consumer file storage would likely be commercially ...
Cloud computing is believed to have been invented by J. C. R. Licklider in the 1960s with his work on ARPANET to connect people and data from anywhere at any time. [1]In 1983, CompuServe offered its consumer users a small amount of disk space that could be used to store any files they chose to upload.
Infrastructure as a service (IaaS) is the most basic form of cloud computing, where infrastructure resources—such as physical computers—are not owned by the user but instead leased from a cloud provider. As a result, infrastructure resources can be increased rapidly, instead of waiting weeks for computers to ship and set up.
Salesforce.com, a cloud computing company that makes money primarily through its customer relationship management product suite, selects Amazon Web Services as its preferred public cloud infrastructure provider. However, Salesforce.com does not plan to move entirely to Amazon, but rather use Amazon only to meet infrastructure expansion needs in ...
However, since 2000, the idea has resurfaced in new forms (see application service provider, grid computing, and cloud computing). In 1966, McCarthy and his team at Stanford wrote a computer program used to play a series of chess games with counterparts in the Soviet Union; McCarthy's team lost two games and drew two games (see Kotok-McCarthy).
Both Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) saw strong growth in their cloud-computing business units in 2024. While Microsoft's Azure saw the higher revenue growth, it was Amazon's ...
The same month, Nissan announced its migration to Oracle Cloud for its high-performance computing (HPC) workloads used for simulating the structural impacts of a car design. [12] Xerox announced a partnership with Oracle Cloud in 2021, where Xerox will use Oracle’s cloud-computing capabilities within its business incubator. [13]