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From GRIDtoday]
As data processing demands soar skyward, it seems logical that the solution for handling all that data is in the cloud. Cloud computing promises supercomputer capabilities over the Internet, with large-scale clusters providing vast amounts of adjustable horsepower, all the servers and storage you need, accessible from just about any device, available on demand, and all on a pay-as-you-play basis.
Some observers say cloud computing is just new a new suit for grid computing or utility computing. But proponents see it as a new model that could change everything about the way users access, run and pay for applications.
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http://www.gridtoday.com/grid/2273023.html