The future of Cloud Computing

Emerging information technologies have fully transformed the way businesses, institutions, and governments operate. The technologies have come along with high levels of efficiency and reliability, significantly cutting the operational costs of the users. Vendors of these technologies have taken advantage of this adoption and have engaged in competition with each other, much of which benefits the end user. Cloud computing is one the latest technologies. Cloud computing is better viewed as a model, bringing together a combination of existing technologies that facilitate running of businesses in a different and better way. Examples of such technologies include virtualization and utility-based pricing which have been in the market for quite some time.
It combines these technologies to cater for the increased technological and economical requirements of the current field of information technology. Cloud computing is a model that offers a convenient access to a large pool of shared configurable computing resources, which can be shared with the least management effort since they are only released on demand. The resources include servers, networks, services, storage, and applications. Amazon, Google, and Microsoft are the largest vendors of cloud computing. The technology has been necessitated by the rapidly increasing need for processing and storage of data. The internet has made it possible to develop such a technology. In cloud computing, resources such as CPU and storage are categorized as general utilities that can be hired out to other users through the internet, in a fashion known as this technology, there are infrastructure providers who are tasked with the management and leasing out of the cloud platforms (Zhang, Cheng amp. Boutaba, 2010).
There are also service providers, who, on the other hand, rent resources from the infrastructure providers to the end users.