Cloud Computing - Market Characteristic Must First be defined

referring to Ed Sperling's Cloud Computing Heads South of the Borders Forbes 2010 02 15

In 1980, Solvere witnessed at MIT the Athena Project. This project moved from Mainframe, Mini towards distributed computing on networked CPUs.

Some experience i need to share.

We have to understand what is the operations requirements we are addressing.

For Banks, unless they are doing complex modeling of derivatives, that is CPU intense. But today, we know this modeling led to collapse of financial market, so is there CPU intense work anymore for banks who want to be successful?

That remain with transaction based computing. This demands massive data handling, and low on CPU usage.

In this case, network speed, communication is of supreme consideration.

Is cloud computing advantageous in data intensive operations?
Today, data storage come in more than we need at affordable price, also we do see computer sending results over network than sending raw data over for computation.

Today, is 25 years after Athena project.