Conclusion
After having discussed the merits and de-merits it clearly stands out that there is no one clear answer in favor or against of cloud computing. So far it seems that is going to be a hybrid solution from the corporate standpoint. Some critical, business sensitive applications will continue with the traditional business model till the concerns about privacy and legal matters are cleared from cloud computing whereas simple canned applications will become more and more popular in the cloud space. The concept and technology is here to stay but it still in its infancy and there is a long road ahead to get to maturity.
References
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