Businesses have become dependent on ever increasing amounts of electronicinformation and rapid transaction speeds. Experts such as Diffie speculate thatthe end of isolated computing is at hand, and that within the next decade mostbusinesses will have made the shift to utility computing. In order to cut costswhile still implementing increasingly complex Information Technology services,many companies turned to Application Service Providers (ASPs). Due to poorbusiness models, over competition, and poor internet availability andbandwidth, many ASPs failed with the dot com crash. Other ASPs, however, whoembraced web services architecture and true internet delivery were well placedas early cloud adopters. With the expanded penetration and bandwidth ofinternet services today, better business plans, and a wide divergence ofoffering, cloud computing is avoiding the ASP downfall, and is positioned toemerge as an enduring paradigm in computing
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