Business Cloud Summit 09: Sponsor commentary from Anthony Lye, senior vp, Oracle CRM

  • On 2 December 2009, Sift Media is hosting the first Business Cloud Summit which will feature contributions and thought leadership from the good and the great of the Cloud Computing industry.
  • In the third of an ongoing series of commentaries by sponsors of the Summit, Oracle''s Anthony Lye, senior vp CRM, says the rationale for Cloud is compelling.

Cloud Computing is frequently heralded as the latest innovation to revolutionise the provision of storage, applications and data services. But the concept is far from new.

The cloud providers of today were once known as application service providers (ASPs), and later, software as a service (SaaS) vendors. In reality, cloud computing has existed, in one guise or another, for almost 10 years. Despite this, there remains significant hype around the cloud as well as confusion as to exactly what it involves.

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