Cloud Computing

This is a discussion on Cloud Computing within the Techies Corner forums, part of the Trading Career category; Hi all, can anyone explain what is CLOUD COMPUTING, and if you know financial industry already got some apllications of ...

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Old Nov 13, 2010, 6:14pm   #1
Joined Apr 2010
Cloud Computing

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 ??

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Old Jun 24, 2011, 8:11pm   #2
Joined Oct 2009
Re: Cloud Computing

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
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Old Jun 24, 2011, 8:32pm   #3
Joined Nov 2001
Re: Cloud Computing

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Originally Posted by andy213 View Post
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.
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Old Jun 24, 2011, 8:42pm   #4
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Re: Cloud Computing

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Originally Posted by Splitlink View Post
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.
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Last edited by andy213; Jun 24, 2011 at 8:44pm. Reason: spazzmatazz
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Old Jun 24, 2011, 8:45pm   #5
 
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Joined Nov 2006
Re: Cloud Computing

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Originally Posted by edgar74 View Post
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 ??


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...
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Last edited by Atilla; Jun 25, 2011 at 8:04am.
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Old Jun 24, 2011, 9:44pm   #6
 
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Re: Cloud Computing

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??
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Old Jun 25, 2011, 8:20am   #7
Joined Nov 2001
Re: Cloud Computing

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?
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