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CloudChain, a cloud-oriented blockchain system is designed to increase the layers of security. [36] Currently, global spending on cloud computing services has reached $706 billion and the International Data Corporation predicts it to reach $1.3 trillion by 2025. [37]
Cloud computing is believed to have been invented by J. C. R. Licklider in the 1960s with his work on ARPANET to connect people and data from anywhere at any time. [1]In 1983, CompuServe offered its consumer users a small amount of disk space that could be used to store any files they chose to upload.
The expression cloud computing became more widely known in 1996 when Compaq Computer Corporation drew up a business plan for future computing and the Internet. The company's ambition was to supercharge sales with "cloud computing-enabled applications". The business plan foresaw that online consumer file storage would likely be commercially ...
Infrastructure as a service (IaaS) is the most basic form of cloud computing, where infrastructure resources—such as physical computers—are not owned by the user but instead leased from a cloud provider. As a result, infrastructure resources can be increased rapidly, instead of waiting weeks for computers to ship and set up.
Joseph Carl Robnett Licklider (/ ˈ l ɪ k l aɪ d ər /; March 11, 1915 – June 26, 1990), known simply as J. C. R. or "Lick", was an American psychologist [3] and computer scientist who is considered to be among the most prominent figures in computer science development and general computing history.
However, since 2000, the idea has resurfaced in new forms (see application service provider, grid computing, and cloud computing). In 1966, McCarthy and his team at Stanford wrote a computer program used to play a series of chess games with counterparts in the Soviet Union; McCarthy's team lost two games and drew two games (see Kotok-McCarthy).
Amazon launches Amazon Elastic Compute Cloud (EC2), which forms a central part of Amazon.com's cloud-computing platform, Amazon Web Services (AWS), by allowing users to rent virtual computers on which to run their own computer applications. The service initially includes machines (instances) available for 10 cents an hour, and is available only ...
Sales for Amazon Web services, the company’s prominent cloud computing unit, rose 19% during the fourth quarter. But it fell slightly below analysts expectations.