Evolution of cloud computing ?

The concept of cloud computing started way back with mainframes around 1950 to 1960 period where terminals are used to access the computing power of main frames. The reason for using such terminals is because of the cost/maintenance and other factors involved with mainframes. Also you cannot afford to have a mainframe wherever required, instead we can try accessing its computing power through some dumb terminals . That’s how the journey of remote computing started.

The journey then shifted from remote computing to distributing plus remote computing with the advent of virtualization. One best usage of virtualization is it helps to host multiple hosts on a single physical/multiple machine which in turn helps us to distribute the computing power.
Virtualization acts as foundation for the total cloud computing.

Therefore i feel cloud computing is capability of using distributed and remote computing which in turn leads to numerous benefits .

Following are some of the benefits i see with cloud computing.

Elasticity – This helps us to grow and shrink the resources as required.
Recovery – No need to worry about disaster as complete disaster is handled by cloud vendors
Security – Most of cloud vendors adhere to the standard security standards, so it’s not necessary for me to worry of security breaches.
Cost Effective: I can pay for the product only if i use more resources, using more resources is the sign of increased revenue , hence i feel this model suits for startup to start with minimum capital.
Accessibility: As the services are hosted over the cloud , i don’t need to worry about accessing issues , i can access from anywhere as long as i am meeting the required security standards.
Self service: Most of Cloud vendors provide self service capabilities it doesn’t require me to reach any one in person, on the click of a mouse, most of services are available.
Ease of Usage: it easy to use/integrate most of the cloud services with just basic configurations.

Conclusion:
From the above features i definitely feel that cloud computing will have a great impact in all current products along with the next generation technologies like IOT, Virtual reality and AI which will occupy every aspects of our life . I feel a day will come , where we will be having our monthly bill for cloud computing along with our utility bills like water bill, Gas bill etc :).