Cloud computing
Cloud computing is the use of a 3rd party service(Web Services) to perform computing needs. Here Cloud depicts Internet . With cloud computing, companies can scale up to massive capacities in an instant without having to invest in new infrastructure. Cloud computing is benefit to small and medium-sized businesses. Basically consumers use what they need on the Internet and pay only for what they use.
http://computergeneralknowledge.blogspot.com/2011/11/cloud-computing-vs-grid-computing.html
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