Cloud computing in a simple manner means internet computing, previously in 1999 it was called on-demand, 2004 SAAS Software as a service, and now cloud computing. This is not a new concept, it has been around for a decade. After all the cloud idea came from the image used to display the concept of internet in diagrams.

What cloud computing does it reallocates upfront costs for hardware and software, but spreading such expenditures over years will eventually catch up to your bottom line, and you still may face the same issues as internally such as data protection and content management.

Cloud computing cost usually creep up over time, and in my experiences the cost of cloud in the long term over the savings encompassed with servers, network infrastructure, software licenses and staff to configure the servers may be overblown and the loss of business control may not always make it a long term solution.