How Cloud Computing Helped Netflix Emerge as a Streaming Media Powerhouse Netflix may be getting a lot of bad press in recent times due to its management’s ill-advised decision to raise subscription rates by almost 50% resulting in widespread customer dissatisfaction and a groveling apology by CEO Reed Hastings, but it was not long ago that it was considered the epitome of home entertainment.Netflix is another new-age company that owes its success to cloud computing, the same way that Zynga, the creators of Facebook game sensation Farmville, does (See: Zynga, the Latest Cloud Computing Success). And not surprisingly, for both
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The Multiplier Effects of Cloud Computing “Dairy has the greatest multiplier effect for economic benefit to a community. Studies show dairy is well suited to our agriculture community and our geographic location.” – John Hartford (1937-2001), American folk and country musician. In macroeconomics, the “multiplier effect” is defined as follows: “A measure of the change in a country’s money supply that occurs as the result of banks’ ability to lend. The multiplier effect is dependent on banks’ required reserves, or the amount of money in deposits they are legally required to keep in-house. If a bank has a low reserve
UK Lags Behind Other European Nations in Adoption of Cloud Computing According to recent research from cloud computing company VMware, only 48% of Small and Medium Enterprises (SMEs) in the UK use the cloud, compared with an average of 60% across Europe. This was revealed after a survey of 1,600 companies across France, Germany, Italy, the Netherlands, Poland, Russia, Spain and the UK.. I had earlier written on support for cloud computing in the UK, especially in the sectors of education and real estate (See: How Can Cloud Computing Help in Education? and Real Estate And Cloud Computing ). There
Looking Back at Joe Weinman’s 10 Laws of Cloudonomics Back in September 2008, Joe Weinman, Strategic Solutions Sales VP for AT&T Global Business Services, came up with a new term “Cloudonomics” to describe the economic effects of cloud computing. At that time, cloud computing hadn’t entered the popular lexicon and his definition went a long way towards popularizing the technology. During this time, Weinman also came up with what he called “The 10 Laws of Cloudonomics.” Now, two and a half years later when cloud computing has somewhat matured as a technology, it will be interesting to look back at
Quotes About Cloud Computing (And Some Background Information On Them) “Quotes are nothing but inspiration for the uninspired.” When I decided to go for further studies after six years in the corporate world, two top US universities offered me a full scholarship. While I was contemplating which one to join, one of my future MBA classmates told me that Notre Dame, one of the two universities in question, enjoyed a brand recognition unsurpassed in American culture. As he put it, “half of America loves Notre Dame, half hate Notre Dame; but every American knows Notre Dame.” There’s a reason behind
Real Estate And Cloud Computing A recent report released by the Royal Institution of Chartered Surveyors (RICS) in the UK set me thinking about the potential of cloud computing in the real estate market. If there’s one professional who would really love remote access to prodigious amounts of data that have been filtered down to usable information, it’s the real estate professional. In this one sentence, we have mentioned application of shared storage, data mining and remote access – all possible, in fact the salient features, of cloud computing. Oh yes, there are the reduced cost implications to consider as
How Can Cloud Computing Help In Education? “Education is not the filling a bucket but the lighting of a fire.” – William Butler Yeats (1865–1939) Irish poet, dramatist. Whenever we talk of cloud computing, we always talk about its impact on business. In all my previous articles, I have done the same, speaking about how cloud computing can improve efficiencies, cut costs, save time and in general, give businesses a great return on investment. However, today I am going to speak on something quite different – how cloud computing can help in the noblest human pursuit of all, education. The
