W. Frank Dell II, CMC

Amazon Sitting on Cloud Nine

August 4, 2010

FROM RETAILWIRE:
Jeff Bezos and company have plenty of reasons to be cheerful these days. Among them is the half a billion dollars in revenue Amazon will generate this year from its cloud computing business. Do you see cloud computing growing from a relatively small business today to a large industry going forward?      [more...]

Cloud computing is the future direction for many firms. Small and medium-sized firms need advanced software to effectively compete. This new thing called the Internet is reliable and again, the key driver of change. Hardware costs continue to decline, but the cost to keep a system up, backed up, and secure continues to increase.

The line between cloud computing and software as a service will continue to blur. Amazon will likely have a business supporting online and catalog retailers. Microsoft, HP, IBM, and Oracle will drive this business model.