Abstract

In the world of information communication technology (ICT) the term Cloud Computing has been the buzz word. Cloud computing is changing its definition the way technocrats are using it according to the environment. Cloud computing as a definition remains very contentious. Definition is stated liable to a particular application with no unanimous definition, making it altogether elusive. In spite of this, it is this technology which is revolutionizing the traditional usage of computer hardware, software, data storage media, processing mechanism with more of benefits to the stake holders. In the past, the use of autonomous computers and the nodes that were interconnected forming the computer networks with shared software resources had minimized the cost on hardware and also on the software to certain extent. Thus evolutionary changes in computing technology over a few decades has brought in the platform and environment changes in machine architecture, operating system, network connectivity and application workload. This has made the commercial use of technology more predominant. Instead of centralized systems, parallel and distributed systems will be more preferred to solve computational problems in the business domain. These hardware are ideal to solve large-scale problems over internet. This computing model is data-intensive and networkcentric. Most of the organizations with ICT used to feel storing of huge data, maintaining, processing of the same and communication through internet for automating the entire process a challenge. In this paper we explore the growth of CC technology over several years. How high performance computing systems and high throughput computing systems enhance computational performance and also how cloud computing technology according to various experts, scientific community and also the service providers is going to be more cost effective through different dimensions of business aspects.

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