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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Friday, January 20, 2023

Cloud Computing Future


All in all, cloud computing is the future of computing.

Simply because you pay as you go. Especially now that the computing requirements associated with big data analysis, Bitcoin production and supercomputer power are rising exponentially.

Yes, trust is difficult to gain. That is why back in the past many companies had at first their own electricity generators and were reluctant initially to rely wholly on the electric power grid. Slowly, but surely large corporations started relying almost solely on main grid electricity power plants for electricity production.

They still keep their own mini power plants on premise though.

With cloud computing, the case seems to be similar. Snapchat and Spotify, for example rely on Amazon Web Services, the cloud computing business of Amazon for their large part of their computations.



That said, though, both Snapchat and Spotify have significant computer resources in house.

Basically, it seems computing today is an exercise in information risk management for both people and corporations.


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