Cloud Computing

edgar74

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Hi all,

can anyone explain what is CLOUD COMPUTING, and if you know financial industry already got some apllications of it, and in whih fields ??

:rolleyes:
 
its where your PC just interacts with a bigger PC somewhere out there that does all the crunching/gameplay etc you need

And I for one am not a fan. Apple plug this endlessly with their arrogance and making of assumptions. But take for example you write a letter, it's no longer stored on your PC, but a big PC somewhere way yonder, - I'd not want to give that kind of power away. It is as if you entrust 95% of the functionality of your PC to another or worse, a company which taxes you for cash for the "services " it intends to provide.

It's dumbed down computing, the only possible plus I can see is that if you get a bigger more powerful PC out there to crunch your numbers for you but faster. But then this was already done on the CPU share project
 
its where your PC just interacts with a bigger PC somewhere out there that does all the crunching/gameplay etc you need

And I for one am not a fan. Apple plug this endlessly with their arrogance and making of assumptions. But take for example you write a letter, it's no longer stored on your PC, but a big PC somewhere way yonder, - I'd not want to give that kind of power away. It is as if you entrust 95% of the functionality of your PC to another or worse, a company which taxes you for cash for the "services " it intends to provide.

It's dumbed down computing, the only possible plus I can see is that if you get a bigger more powerful PC out there to crunch your numbers for you but faster. But then this was already done on the CPU share project

I agree with you but, at the same time, times change and I am nearly 80. This whole internet area is expanding at an incredible speed. Would you believe that I started playing with one of the Clive Sinclair computers, that used the BASIC language, with kbytes ( and not too many, either) ? Now, a computer is sold wiih hundreds of gigas and the word megabyte is history.

If you are only a few decades younger than me you have an exciting future ahead of you.
 
I agree with you but, at the same time, times change and I am nearly 80. This whole internet area is expanding at an incredible speed. Would you believe that I started playing with one of the Clive Sinclair computers, that used the BASIC language, with kbytes ( and not too many, either) ? Now, a computer is sold wiih hundreds of gigas and the word megabyte is history.

If you are only a few decades younger than me you have an exciting future ahead of you.

I believe you as I'm young but not that young and I cut my teeth programming the BBC Micro/ Master and what fantastic machines they were. You didn't need to specialist those days you could learn a whole machine inside out, golden age of computing in my opinion, and not without merit either- whoever heard of a PC that starts up at the press of a button these days? They've tried ice and water cooling just to achieve that in the modern age, but power up a BBC Master however, - bingo. Instant. All these Mega and now Terabytes as the given currency, and that's one thing these 80s machines still trump them on.
*FX 200,3
CALL !-4
ah the memories
 
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Hi all,

can anyone explain what is CLOUD COMPUTING, and if you know financial industry already got some apllications of it, and in whih fields ??

:rolleyes:


Cloud computing is where your programs and files are stored out on the big www.somewhere.com. You don't know physical location. Everything is a logical object. Applications, files, data etc etc.

You can access the cloud and your resources from anywhere in the world where you have an internet connection.

That is pretty much it. I think one day it may become like a utility where you pay a monthly or annual subscription and no need to worry about PCs. Over engineered and bug infested distributed machines. We are going back to the good old days of centralised powerfull machines with client server distributed model with dumb terminals. Much less headache for maintenance and support.

Not dumb but clever - so the terminology / jargon is not correct imho.


Look at google docs.

PCs are over engineered with so much power you never use even 5% of it.

Nearest anything comes close is gaming software.


I'm a big fan of www.service-now.com ITIL V3.0 based service desk. Fantastic product. Excellent value. Beats all other competition and wipes the floor with them.

There are others like email providers and email DR. Can't remember name of company now.

I think SAAS has a place depends what you are after. Cloud computing is good. Google's got chrome laptop out too.

Thumbs up from me... (y)
 
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Cloud allows "them" to store your data and you to access it -and presumably to eventually charge you for it if they can get away with it. One step towards you losing control. Bit like Steve Job's Apple I-tunes etc etc, and Amazon Kindle e-books.

Progress??
 
For most of us the amount of memory that we can get with our computer is more than enough, surely? In addition, memory cards, etc. are available at a reasonable price. Or am I missing something?
 
For most of us the amount of memory that we can get with our computer is more than enough, surely? In addition, memory cards, etc. are available at a reasonable price. Or am I missing something?


Most of us don't know about PCs, viruses and security. Also, unless used at work most of us don't bother with Office apps.

Basic internet terminal is sufficient for browsing and manipulating docs.

It's mostly about browsing & email. PCs are over kill.
 
Most of us don't know about PCs, viruses and security. Also, unless used at work most of us don't bother with Office apps.

Basic internet terminal is sufficient for browsing and manipulating docs.

It's mostly about browsing & email. PCs are over kill.
depends if you want a PC or a terminal doesn't it? PC stands for personal computer, if the only thing one of these new notebook style thingies can do is understand HTML from a remote source, then it should be renamed "personal browser " or something, I'm sure better names than that have already been suggested. I'd hate someone else to have the hard copy of my email though, what about legal documents or other important documents, then some spazz over at the mainframe has a data loss as happened actually at Gmail quite recently actually ( so thank goodness I download it via thunderbird moreover that I have that option!)

I suppose you split it X boxes with their massive processors for games , browsers for your net, but then a decent PC will do all that and it's only one space taken up in the house, but then I'm a programmer, I'm biassed, becauase I'm sure when I get one of these new minimalist jobs I'll be able to get less out of it without having to phone mr big and ask him for permission to alter some of his code his side !
 
So is anyone here using a cloud service for anything trading related ?

I see that amazon web services are offering 12 months of free service (up to 750 hours a month) on their Linux/Unix Micro instance usage to new users. This looks like a cheap way of learning about cloud/vps services if you are happy with using Linux.
 
Cloud Computing is analogue of public toilets and public baths from victorian era.

Good choice for dirty open source pennyless communists.
 
Loved the analogy. I really can't imagine whey any sane, intelligent individual (or company for that matter!) would risk depositing their data of any kind in The Cloud.

And before anyone says they only put their media files out there you'll excuse my cynicism in believing owners and operators of Cloud based facilities (even discounting the hackers thereof) have access to far more than you probably want them to or that they claim to have access to. If the facility to up/down load to/from The Cloud is enabled, regardless of any apparent safeguard you believe is in place to limit the type and location of data accessible, you have effectively opened the door to security breach of your data, and the device(s) upon which that data resides.

Even the increasingly popular googlemail sync with contacts and emails has enormous implications for access violation and unauthorised data utilisation. And even if it was ‘just’ your contacts and ‘just’ your calendar – do you have any idea just how useful that data is and just how easily it could be used against you?

If the intelligent and technologically savvy users needs to keep their wits about them to avoid the often default ‘let us look at everything, it’s ok’ options when installing and utilising new applications, the generally uninformed and clueless mass of humanity that feels The Cloud is a ‘good thin’g will likely be a virtual open book for all who care to read him.
 
Maybe it presents security in another way?

There will be so much data available, finding anything specific of any use will be very difficult?
 
If your data is confidential encrypt it and provide the key through your SSH session when you start the instance and application(s). In principle the system admins could examine your instance's virtual memory contents to get your data in clear text form - but realistically I expect they have other tasks that fill their time.
 
yes. in public bath you can also pretend to have privacy if you bathe wearing veil.
 
Think of your computer as being just a terminal tied into the mainframe. Without the mainframe the terminal cannot function. The mainframe stores all apps, files, directories, etc and doles out processor time to each terminal.

Peter
 
It's all about the transfer of control from you to the cloud, which goes a long way to explain why apple love it so much. If apple could take control of the air you breathe, they surely would.

We're being sold a dis-jointed array of technologies, SATA 3, before most things can even get to 3GBps, 64 bit architectures when the software mainly isn't up to it and still prefers 32 bit , and graphics cards that burn a hole in your electric,as well as pockets, point being of course... this is good old fashioned choice and it's exiting to make a rig, do the research, figure out what you need and how fast you want to go

Whereas cloud computing, you've not made any decision really other than to log on to the specified service. That's bland and boring but more than that there's just no creativity.
 
Whereas cloud computing, you've not made any decision really other than to log on to the specified service. That's bland and boring but more than that there's just no creativity.
Which is precisely why it's so popular. No point wasting energy or effort doing all that original, creative, intelligent stuff.

Just use what they dish up and don’t think too hard about nuthin’…
 
It's all about the transfer of control from you to the cloud, which goes a long way to explain why apple love it so much. If apple could take control of the air you breathe, they surely would.

We're being sold a dis-jointed array of technologies, SATA 3, before most things can even get to 3GBps, 64 bit architectures when the software mainly isn't up to it and still prefers 32 bit , and graphics cards that burn a hole in your electric,as well as pockets, point being of course... this is good old fashioned choice and it's exiting to make a rig, do the research, figure out what you need and how fast you want to go

Whereas cloud computing, you've not made any decision really other than to log on to the specified service. That's bland and boring but more than that there's just no creativity.

For most users buying a PC for browsing 95% of the time is like taking the Rolls to your corner shop. Total waste of of processing power, money and energy.

Its based on requirements and what one wants.

For graphics - design and games
For processing - numbers etc ok PC is kewl.

For data processing, email, browsing and simple presentations etc most working popullation it is excess.

Horses for courses...

The anology with Victorian toilets and baths made me laugh. Privacy is well over-rated anyway. Officials and undoubtedly some hackers can hop into any computer in the world at the turn of a switch. Even when it is off in many cases.

Best way to hide info is to make it available in abundance. (y)
 
For most users buying a PC for browsing 95% of the time is like taking the Rolls to your corner shop. Total waste of of processing power, money and energy.

Its based on requirements and what one wants.

For graphics - design and games
For processing - numbers etc ok PC is kewl.

For data processing, email, browsing and simple presentations etc most working popullation it is excess.

Horses for courses...
And the analogies flow so I'll try one - cloud computing is like trading! you buy your 'receiver' which I'll call the new 'pc's' off the line that do this and hook up to this thing, you hope or bank on it doing what you want to do, even improving what you want to do....but that mightn't be so, and the thing may go down hill as easy as uphill, especially as (inevitably) advertising revenue starts to creep in and people start getting remotely bugged by that tit from go compare et al, and are less able to do something about all the methods used because the tech is their side, not yours remember.... the promoters know this, the advertisers know this, and apple, of course knows this. Perhaps what we'll see is the internet turn into a monthly telly service, but you're stuck with what's on the box at the end of the day. And to be honest, for those that want that, good, they never had a brain in the first place.

I agree the hardware exceeds the software and also that the hardware exceed most people's heaviest use, but then don't forget gaming, if you want a stand alone none dependent gaming unit you need top end everything and that's not something a cloud can replace as if it's beaming your gameplay, and this has been significantly looked at, you get the sony scandals the credit cards, it's really simple, data protection is key and that's removed in cloud computing to at the very most a wholey unearned trust placed in your service provider

Back to trading though, quads and doubles and decent ram don't half make excel go faster, and if you're crunching numbers on an industrial scale, I think a high end PC is essential..........oh wait the cloud can do that too, and it really can, - many CPU's will outcrunch any stand alone CPU, but at least my way my personal data stays personal.
 
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