"The cloud is the new dotcom". This quote from George Zachary, VC at Charles River Ventures partner summarizes this "next catch-all" category. Companies like Facebook, Google, Amazon, Microsoft and Salesforce are competing to become the platform of choice for people to develop web apps on. Through the hundreds of applications and startups created, all data is slowly shifting from the personal pc to the cloud. Without these platform, applications like flixwagon would be much more difficult to build.
The CEO of Salesforce, a CRM software company that was in the forefront of the cloud-based services says: "we are on the threshold of fundamentally a new paradigm of computing". He continues to say that cloud computing is both defined as a "software-as-a-service" (or SaaS) and as a "platform-as-a-service".
The power of the cloud is to let users access their data from any device, anywhere and at anytime.
Check an interesting video on: http://www.techcrunch.com/2009/03/01/the-cloud-is-the-new-dotcom-video-highlights/
Ido Shamgar
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